If Able Drug Company already has a patent on a drug called drug Z27, then they have the rights to charge it higher than cost of production. They do this so that they would gain profit from the drug that they have patented and to be able to expand their business more with it.
Answer:
The correct answer is *to provide a place for people to trade goods and services
Explanation:
trading can be simply described as the act of exchanging values between parties.
a market is a place where the sellers and buyers meet and trade, in which the buyers buy what they need and want from the sellers at a price both of them can agree upon.
It is important to determine the amount of traffic using a particular site, visits to the blogs, or tweets about the site. A measure used for this purpose is the number of of hits that that are on a particular page.
<h3>What is meant by the hits on a page?</h3>
This is the term that is used to refer the ways that the number of traffics that happens on a particular web page can be ascertained. The hit is the number of people that are known to visit the particular site that is in question.
Hence we would say that It is important to determine the amount of traffic using a particular site, visits to the blogs, or tweets about the site. A measure used for this purpose is the number of of hits that that are on a particular page.
Read more on website traffic here:
brainly.com/question/14744708
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The amount Jackson would be willing to lend is $6,000.
<h3>How much would Jackson be willing to lend?</h3>
In order to determine the amount Jackson would be willing to lend, the present value of the amount Dereck would repay in 4 years. Present value is the sum of discounted cash flows.
Present value = $7,418.87 / (1.0545^4) = $6,000
To learn more about present value, please check: brainly.com/question/26537392
it cannot be used by itself to produce anything as it is a medium of exchange for economic resources.
