How do the size of the cash marke matter

Assignment Help Business Economics
Reference no: EM13874528

Suppose the third and fourth largest pharmaceutical companies by revenues announce a merger. Both have extensive product lines and market prescription drugs all over the world. Are the following antitrust markets:

(a) All prescription drugs.

(b) All pharmaceuticals made by "brand-name" firms-typically inventors of drugs.

(c) All pharmaceuticals made by generic firms-firms that enter and produce drugs for which patent protection has expired.

(d) All treatments for an affliction.

(e) A particular molecule.

(f) The brand-name version of a molecule.

(g) How do the following matter? (i) no legal scope for pharmacists to substitute generics for a brand-name prescription vs. mandatory substitution rules to the cheapest formulation of the same molecule; (ii) size of the cash market; (iii) size of deductibles for those covered by insurance; (iv) dispensing fees based on the value of the prescription vs. fixed dispensing fees.

Reference no: EM13874528

Questions Cloud

Show that the gross increase in profits from raising price : Show that the gross increase in profits from raising price by dp equals pqt(1 - tε). Recall that t = (dp/ p). Show that the gross decrease in profits from raising price by dp equals mptqε.
The mountains toward the towns in search of food : In some parts of the Kingdom of Prussia, what was a certain month called in German, a month which was called in that way because during said month, certain creatures came down from the mountains toward the towns in search of food, food which sometime..
Hitt company are shown here in alphabetical order : The December 31, 2010 balance sheet accounts of the Hitt Company are shown here in alphabetical Order
Made an impact on the history of comics? : What was the most significant superhero that changed throughout the history that made an impact on the history of comics?
How do the size of the cash marke matter : How do the following matter? (i) size of deductibles for those covered by insurance; (ii) size of the cash marke. (iii) dispensing fees based on the value of the prescription vs. fixed dispensing fees.
How does the construction of the devil/satan in christianity : How does the construction of the Devil/Satan in Christianity (though this also has implications for Judaism and Islam) reflect social factors, politics, and the creation or de-construction of mythological traditions?
The company did not issue any common stock : The balance sheet information at the end of 2010 and 2011 for the Dawson Company is as follows:
Determine the ratio of a2 : Consider the system shown in Fig, if a change of 0.7 kPa in the pressure of air causes the brine-mercury interface in the right column to drop by 5 mm in the brine level in the right column while the pressure in the brine pipe remains constant, de..
African military coups be explained by environmental : 1.To what extent can African military coups be explained by environmental (socio economic/political culture) factors? 2. Can African classes be defined solely by the means of production, or do political considerations also play a prominent role?

Reviews

Write a Review

Business Economics Questions & Answers

  What is the mixed strategy nash equilibrium in this game

Consider a contributions game with 2 players. Each player can either ‘Contribute’ or ‘Not.’ If either (or both) Contribute, a good is provided to both. The good is worth 2 jollies to each player. What is the mixed strategy Nash equilibrium in this ga..

  Fewer also fewer barriers to trade

With fewer also fewer barriers to trade, countries are able to focus on producing those goods also services which they are best.

  Neoclassical economics view prices and wages as sticky

Does neoclassical economics focus more on long term economic growth or on recessions? Explain your answer. Does neoclassical economics view prices and wages as sticky or flexible? Why? Does neoclassical economists tend to focus more on cyclical unemp..

  What periodic sinking fund payment is required

A sinking fund is established by Alliance, Inc., at 8% interest compounded semiannually to meet a financial obligation of $1,800,000 in 4 years. What periodic sinking fund payment is required every 6-months to reach the company's goal?

  What is your ethical obligation

Many television shows, movies, and songs can be downloaded for free on the Internet. Much of this material is copyrighted and was expensive to produce. Much of it is available for a fee through a legitimate site. Should you pay to download an episode..

  Determine the level of nominal output

Assume the money supply is $800, the velocity of money is 7, and the price level is $2. Using the quantity theory of money: Determine the level of real output. Determine the level of nominal output.

  Decrease in the price of bread results

Bread and butter are complements. A decrease in the price of bread results in a(n)

  How much output should the firm allocate to market

how much output should the firm allocate to market 1? Approximately how much output should the firm allocate to market 2? What is the approximate price that will be charged in market 1?

  Demand and supply curves for a large cheese pizza

Suppose the demand and supply curves for a large cheese pizza are given by: Using the demand and supply functions above, the equilibrium price of a pizza is ____, and the equilibrium quantity is ____.

  Problem of double coincidence of wants is associated with

The problem of double coincidence of wants is associated with:

  Illustrate what is mandy optimal consumption

The interest rate is 25% (0.25), and there is no inflation. Illustrate what is Mandy's optimal consumption in period 1.

  Explain how does us government correct for this apparent

Explain how does the U.S. Government correct for this apparent market failure.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd