People who need life-saving drugs cannot do without them and surely will be willing to pay very high prices for them because a monopolist, such as one selling life-saving drugs, still faces downward-sloping demand curves.
Drugs are chemical substances that, when consumed, cause changes in the physiology or psychology of living organisms. Pharmaceuticals are generally distinguished from foods or substances that provide nutritional supplements. Drugs are consumed by inhalation, injection, smoking, ingestion, absorption through skin patches, suppositories, or sublingual dissolution.
In pharmacology, a drug is a chemical substance, usually of known structure, that produces a biological effect when administered to a living organism. Pharmaceuticals, also known as drugs or medicines, are chemical substances used to treat, cure, prevent, diagnose, or promote health. Medicines have traditionally been obtained by extraction from medicinal plants, but more recently they have also been obtained by disorders of organic synthesis.
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B. a poor measure of economic activities i think
The representative eye that Rebecca wants to borrow from her optometrist dad, which is larger than real human eye, is a model.
- A model is usually a representation of an object. It is used to convey information about the real thing (object).
- A model may be less or more than the real object. Its use enables Rebecca to present her speech on the human eye and its workings so that her audience can easily understand the speech.
Thus, the representative eye is not an object, a chart, or a graph. Instead, it is a model that represents the real human eye, which is an object.
Link to models at brainly.com/question/17497537
I know for sure it’s Europe, don’t know about Asia but it’s Europe and Asia