User Account

All Pages

The government setting drug prices

Assignment Help Business Law and Ethics
Reference no: EM133261971

Some people will criticize this move whenever it is suggested that the government should consider regulating the prices of any commodity. This group would be in favor of lowering costs through competition. This option may eventually lower prices, but competition will take some time to achieve the desired result.

Others are fine with price controls and are not concerned that it might result in socialism creeping into the free market economy. They are much more concerned with prices being lowered quickly so that they and their loved ones can obtain the drugs at a less expensive price.

If these are the only two choices - the government setting drug prices or encouraging competition to lower costs - which would you select and why?

Reference no: EM133261971

Questions Cloud

What is the smartest, most cunning action : ELA 3105 Crescent Heights High School What is the smartest, most cunning action - or words - that Iago performed in Scene 1 Act 5? Explain your reasoning
What were the significant observations you made : What were the significant observations you made after watching Inside The Meltdown? What lessons learned did you get from watching Inside The Meltdown
What is beliefs for a tradition to be called a religion : What is essential in the practices and beliefs for a tradition to be called a religion?
How did you get your name : How did you get your name? You may write about your official name, a nick name, or a name you prefer to be called. ("How I Got that Name")
The government setting drug prices : If these are the only two choices - the government setting drug prices or encouraging competition to lower costs - which would you select and why?
What was most important point-central concept communicated : What was the most important point or central concept communicated during today's presentation? What idea expressed in today's class strongly affected.
How does racism and discrimination play a role : ENGLISH 1000 Auburn University How does racism and discrimination play a role in " shooting the elephant" by George Orwell? How might the subtext of Orwell's
Defining all legal terms referenced in the prompt : Is this contract valid, enforceable, void or voidable? Fully explain your answer, defining all legal terms referenced in the prompt.
Explain your current workout regimen : Explain your current workout regimen, if you currently exercise. Identify barriers that would prevent consistency with your future workout successes

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Analyze whether the owner formed a contract

The University of Arizona global campus - Determine if the contracts with the businesses will be governed by common law or the Uniform Commercial Code (UCC)

  Research a real-life incidence of your chosen tort for

due week 6 and 240 points write a 4-5 page paper in which youdefine one of the types of torts.describe the elements

  Did the court rule in favor of the plaintiff or defendant

What was the issue that the Indiana state intermediate appellate court was asked to decide in this case?

  Identify and describe 8-10 different types of

address the following in 900-1200 words identify and describe 8-10 different types of specificnbspdemonstrative

  Review mission of the specialized court that you selected

From the second e-Activity, review the mission of the specialized court that you selected. Give an opinion on whether or not the specialized court that you selected has met the goals established by the Office of Justice Programs. Provide a rationa..

  What are the relevant ethical issues at stake

What are the relevant legal issues at stake? What are the legal rights of the patient and his daughter? What are the relevant ethical issues at stake? Why does capacity assessment matter

  Discuss the role of ethics and professional responsibility

Identify the functions and goals of financial management. Discuss the role of ethics and professional responsibility for managers as it relates.

  Worthiness of the franchise investment

Do you agree or disagree with your fellow student's conclusion on the worthiness of the franchise investment they selected and the financing option preferred?

  Basic advantages and disadvantages of business entities

Robert Morris University - Explain the basic advantages and disadvantages of the following business entities: general partnership, corporation, and limited

  How law shaped and developed and limits of legal controls

Would your answer be different if you were told that Jennifer was an independent contractor and not an employee of ParcelEasy? Justify your answer.

  Dozen assorted christmas cards to the card shop

On September 15, a card shop sent the following fax to a printing company: "Please deliver 100 dozen assorted Christmas cards, delivery by November 1." On October 10, the printing company shipped 100 dozen assorted Thanksgiving cards to the card shop..

  What is law enforcements role in making dna testing

instructors comment the assignment should include information on dna evidence. conduct some research to dna evidence

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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