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topjm [15]
3 years ago
13

Due to the nature of the patent laws on pharmaceuticals, the market for such drugs A. switches from monopolistic to competitive

once the firm's patent runs out. B. switches from competitive to monopolistic once the firm's patent runs out. C. always remains a monopolistic market. D. always remains a competitive market.
Business
1 answer:
bija089 [108]3 years ago
7 0

Answer:

B

Explanation:

B:  switches from competitive to monopolistic once the firm's patent runs out.

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Answer:

The correct answer is d. the supply of currency in the foreign exchange market, and the demand for loanable funds.

Explanation:

In an open economy, we must add the external sector, which includes the Trade Balance or net exports and the Capital or Financial Balance.

Net exports, being part of aggregate expenditure, are incorporated into the SI. However, the inflows and outflows of payment commitments or international financial assets are recorded in the capital account, which gives rise to a new curve, the BB.

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Under a fixed exchange rate, the variable that is permanently and permanently adjusted to an imbalance in the money market is international reserves.

Under the flexible exchange rate, the adjustment variable is the exchange rate.

With a fixed exchange rate, an increase in the money supply pressures upward on the level of domestic prices, which encourages imports and discourages exports, causing us to lose competitiveness against our business partners. This translates into a permanent and definitive loss of international reserves, which thus constitute the adjustment variable, that is, the monetary phenomenon.

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Answer:

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Explanation:

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Related concepts to understand the problem.

Competitive advantage. A competitive advantage is an improvement over competitors gained by contribuiting consumers greater value.

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