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Let's say Congress passes a law tomorrow explicitly banning pharmaceutical companies from extending patents of existing drugs by making minor modifications to the drug's chemical structure. (Evergreening) Do you think this would affect the innovation of drug companies? In other words, would we expect to see fewer new drugs being produced each year if this happened? (There's no right or wrong answer here, but you must make a sound argument to receive full credit).
Which of the following will not tend to increase the elastic you of demand for a good ?
Both of these are known as objects once an instance of them is created. But what makes a language object oriented? Not all languages are object oriented.
Explain the obstacles that countries face during economic transition.
Assume a specific factors economy produces two goods, cloth and food, and that when representing the output of this economy graphically, cloth is on the x-axis and food is on the y-axis. movement of labor from a Foreign country to the domestic (Home)..
1. Why does inflation make money an imperfect store of value? 2. Why are travelers' checks classified as money, but credit cards are not?
A purely competitive firm finds that the market price for its product is $30.00. It has a fixed cost of $100.00 and a variable cost of $17.50 per unit for the first 50 units and then $37.50 per unit for all successive units. Does price equal or excee..
Discuss the advantages and disadvantages of using divisional profit as the basis of incentive compensation for division managers compared
In a bag, there are six red marbles and four Green Marbles. The red marbles are marked with the numbers one, two, three, four, five, and six
It is a common belief that social security benefits will run out in the near future. How can we save social security?
Should benefit and cost estimates be adjusted for the greater influences and impacts of inflation, government regulatory changes, and changing local
How does an outflow of FDI benefit a home country? Take the case of an outflow of FDI/MNCs from the US and explain at least four benefits that the US expects from its overseas investments/investors.
The U.S. economy fell into a recession in 2001 and then proceeded into a slow-growth recovery due to a decline in investment. Show how a change in investment can have a big impact on GDP causing a national recession. Illustrate by showing what it loo..
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