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Proposals to reduce patent length for drugs are sometimes made, but some critics argue that such a change would result in even higher prices during the patent period as companies would need to recover drug development costs more quickly. Is this argument valid if drug companies maximize profit?
What is globalization (please define it both as a process and outcome)? What factors can you identify in explaining why globalization occurred? How do you assess its impact upon both rich countries and poor ones, in particular, the issue of inequalit..
q1. assume which a risk-free investment will make three future payments of 100 in one year 100 in two years and 100 in
Name and describe 2-3 factors which generally contribute to loss of population. Next, b) choose one of the following classic civilizations - Mesopotamia, Greek
A manufacturer of computer chips has a computer hardware company as its largest customer. The computer hardware company requires all of its chips to meet specifications of 1.2 cm. What are the elements that the production manager should consider in d..
What price does it charge. What is Lite and Kool's markup. How much profit does Lite and Kool make. Do firms in monopolistic.
Consider an initial stock of 5000 tons of high grade ore. The demand function for this ore is P = 2400 – 0.2Q (Q is measured in tons/year), and the cost of extraction is constant at c = $200/ton. The discount rate is r = 0.10. What is the maximum sto..
Consider now an economy where you need to search for a job. Let b be the function of people that do not have a job and are searching for one. Here active population and working age population do not coincide. Write the equation describe the dynamics ..
The recent mergers in the grocery industry have effectively reduced the number of competitors in California from even changes to three.
The required return on the stock is 18 percent. Calculate the current expected price of the stock.
Using basic economic principles, state what you think will cause market fluctuations over the next few years as the economy struggles to recover. What areas of the economy should be closely watched as indicators of future activity?
"What is the difference between a mutual fund and a money market account? Please also explain which has the best money return."
Suppose the demand and supply of chickens is given by: Graph the demand and supply curves and determine the equilibrium price and quantity. Suppose a quota of 4000 chickens in imposed. What will be the new equilibrium price? What is the loss to consu..
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