Identify the elements of scarcity

Assignment Help Business Economics
Reference no: EM133125918

In 2021, the government of Canada signed an agreement to partner with drug manufacturer Sanofi Pasteur to build a new facility and begin to manufacture influenza vaccines in 2024.

a) Identify the elements of scarcity, choice, and opportunity cost for Sanofi Pasteur now and in 2024.

b) Discuss the effect on Sanofi Pasteur's production possibilities curve (PPC) when they begin to manufacture the influenza vaccines in 2024? Include a graph, if necessary.

c) Discuss the ethical considerations for Sanofi Pasteur regarding the production possibilities of the influenza vaccines.

Reference no: EM133125918

Questions Cloud

Determine value of the total output of small firms : The demand function for an oligopolistic market is given by the equation, Q = 200 - 4P, where Q is the market quantity demanded and P is price. The industry has
Strategy implementation and strategy evaluation : By taking one company as an example (preferable the company you work in), develop a five year strategy for the company you selected. While developing the five y
Briefly explain demand theories : Briefly explain demand theories, supply theories, and non-competitive theories of discrimination in male-female earnings differentials.
Justify an assessment of the overall materiality level : Using the guidance and the financial statements above, propose and justify an assessment of the overall materiality level for the 2021 audit of this client
Identify the elements of scarcity : In 2021, the government of Canada signed an agreement to partner with drug manufacturer Sanofi Pasteur to build a new facility and begin to manufacture influenz
Supply chain perspective : Question 1: How should performance measures be viewed from a supply chain perspective?
Balanced scorecard similar to the scor model : In what ways is a balanced scorecard similar to the SCOR model? Different from the SCOR model?
Where does the company stand financially : The purpose of this assignment is to use health care economics to assist in developing a financial plan to support the viability of your health care organizatio
Marshall-lerner condition : Under what conditions (see Marshall-Lerner Condition) will a depreciation effectively help reduce a country's trade deficit? What is the J-curve, and how does i

Reviews

Write a Review

Business Economics Questions & Answers

  Purchasing power parity predict the nominal exchange rate

Given the above information that the US CPI = 235, UK CPI = 215, and the current nominal exchange rate = .85 pound per dollar, what does the Theory of Purchasing Power Parity predict the nominal exchange rate to adjust to? Enter your answer in pound(..

  Graphs of the heckscher-ohlin model

Consider the following Heckscher-Ohlin model. There are two countries, Home and Foreign. They produce merchandise and service using skilled labor.

  What is the current equilibrium level of gdp

Illustrate and explain using a diagram, the difference between the Keynesian and monetarist views on how changes in interest rates affect changes in aggregate demand.

  What is the average total cost when two units of labor

Also assume that the per unit cost of capital is $10. Since the firm has two units of capital, the firm's total fixed cost is $20. Also assume that the cost of each unit of labor is $50. What is the average total cost when two units of labor (L) a..

  Optimal level of schooling for an individual

The evidence from the United States suggests that the marginal rate of return to education is about 20% per year.

  What is the profit at the optimal integer output level

Suppose that you can sell as much of a product (in integer units) as you like at $63 per unit. Your marginal cost (MC) for producing the qth unit is given by:

  What is the net present value

You are considering a project that will pay you $710 in the first year, $2,000 in the second year, and $1,090 in the third year.

  Important skills of a successful entrepreneur

For you, what are the three important skills of a successful entrepreneur. Explain your answer.

  Considering purchasing bonds-what is the irr for the bonds

Saint and Lewis Investment Management (SLIM) Inc. is considering purchasing bonds to be issued by Caterpilar Inc. The bonds have a face value of $10,000 and a coupon rate of 6%. The bonds will mature 10 years after they are issued. The issue price is..

  Calculate the doubling time for country

In this case we would use the Rule of 72 to calculate the doubling time for each country. (Remembering to present it as a whole number)

  Difference between the two average wearing lives

(a) Test at level of significance a = 0.05 whether the difference between the two average wearing lives is significant.

  What are the economic considerations

What are the economic considerations that exist when a company has to be set up?

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