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1 year ago

When a pharmaceutical company discovers a new drug, patent law gives it market power by guaranteeing:

Business

1 answer:

Roman55 [17]1 year ago

5 0

C) exclusive ownership of the drug's right to sell it for a limited time.

What guarantees the monopoly when a pharmaceutical company discovers a new drug?

A company without market power is a monopoly. Patent law grants a pharmaceutical company a monopoly when they discover a new drug: the right to sell the drug in part for an unlimited number of years.

What is monopoly power's fundamental source?

Barriers to entry are the primary factor that lead to monopoly. There are three sources of entry barriers: Responsibility for secret weapon.

Is a patent monopoly-granting?

Invention is rewarded by patents, not commercialization. In a similar vein, a patent does not constitute an economic monopoly. First, because having a patent does not result in the "single supplier" situation that is typical of most monopolies in real life.

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Kubin company’s relevant range of production is 20,000 to 23,000 units. when it produces and sells 21,500 units, its average cos

Afina-wow [57]

<span>The cost per unit is derived from the variable costs and fixed costs incurred by a production process, divided by the number of units produced. Hypothetically lets say variable costs for Kubin company's production is $50,000 and their fixed costs are $25,000. $50,000 variable costs + $25,000 fixed costs / 21,500 units = $3.49/unit.</span>

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4 years ago

JDS Foods’ projected benefit obligation, accumulated benefit obligation, and plan assets were $65 million, $55 million, and $37

Kitty [74]

Answer:

a) $28 Million

b) -$24 Million

Explanation:

The first part of the question is to determine the pension liability tht should be reported in the balance sheet

To do this, we use the following formula

Projected Benefit Obligation - The Plan Assets

= $65 million - $37 Million = $28 Million

Part B) This part says to dettermine the amount JDS would report if the planned asset increase to $89 million

The formula Projected Benefit Obligation - The Plan Assets still should be used but there is a difference as follows

$65 million - $89 Million = -$24 Million

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3 years ago

Joaquin didn’t buy a netbook computer when they first came out, but he did purchase one a year after they were introduced to the

Andru [333]

Answer:

The answer is: Early adopter

Explanation:

Early adopter refers to consumers that use a new product or technology before others. Since early adopters tend to pay more for a new product, they also benefit first from the product's specifications and performance.

They also serve as reference for other users who are considering to buy or not to buy the new product.

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3 years ago

Ellen loans Nicole $45,000 to start a hair salon. Unfortunately, the business fails in 2019 and she is unable to pay back Ellen.

Dahasolnce [82]

Answer:

c. $18,000, with $27,000 carried forward to 2020.

Explanation:

Non-business bad debts are accounted as short-term capital losses. Short-term and long-term capital gains may be offset by short-term capital losses. Ellen may offset $15,000 of her $45,000 bad debt from Nicole against the $15,000 capital gain from the sale of stock.

In addition, Ellen may claim up to the annual limitation amount of $3,000 in short-term capital losses. In total, $18,000 of the bad debt can be claimed as a capital loss in the current year with $27,000 in unused short-term capital losses carried forward.

5 0

3 years ago

Strongheart Enterprises anticipated selling 27,000 units of a major product and paying sales commissions of $6 per unit. Actual

Ivan

Answer:

Flexible budget cost variance= $6,400 unfavorable

Explanation:

<u>To calculate the flexible budget cost variance, we need to use the following formula:</u>

Flexible budget cost variance= (standard costs*actual quantity) - actual costs

Flexible budget cost variance= (6*27,500) - 171,400

Flexible budget cost variance= 165,000 - 171,400

Flexible budget cost variance= $6,400 unfavorable

3 0

3 years ago