1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anit [1.1K]
3 years ago
6

The article entitled​ "My Drug​ Probem" best reflects the economic idea that A. ​Pharmac, like private drug​ companies, attempt

to maximaize the revenue that they receive from selling drugs. B. scarcity implies competition over resources which implies that every society has to establish rules that ration the available or potential goods and services among its citizens C. markets are always the best way to allocate resources D. government health​ programs, such as​ Pharmac, do not have to make decisions or choices regarding the availability​ and/or distribution of medical treartments and drugs to its citizens
Business
1 answer:
Vinil7 [7]3 years ago
7 0

Answer: C. markets are always the best way to allocate resources

Explanation:

The aforementioned article juxtaposes the benefits of having a market system for drug purchases in the United States vs other countries where healthcare is planned by the government.

It presented facts to support the logic that having a private market based system for drugs like the United States, ensures that there is incentive to produce more efficient drugs because an appropriate price can be charged for it unlike in areas where drug budgets are planned and so there might be haggling over accepting expensive drugs as was the case in New Zealand with Herceptin.

This reinforced the belief that markets are always best for resource allocation.

You might be interested in
_____ is the process for reviewing key roles and determining the readiness levels of potential internal and external candidates
lapo4ka [179]
I thinks it’s B but dont take my word
8 0
3 years ago
15 points!
nordsb [41]

Answer:

rent

Explanation:

The rent expense will be difficult to revise. Usually, the rent amount is contained in a tenancy agreement signed by both the landlord and the tenant. The rent amount does not change until the lease or tenancy agreement expires. Changing the rent amount would require the landlord's consent.

Due to the above reasons, rent is classified as a fixed cost. It remains constant in the short run.

5 0
2 years ago
Read 2 more answers
Joyce's investments earn 5% nominal annual return right now while the inflation rate is at 1%. If inflation increases to 5%, it
Dafna1 [17]
So if each nominal is 5 and the inflation 1 so if you have 5  inflation you will have 25 nominal 
6 0
3 years ago
Read 2 more answers
A person starts her own business after quitting a job in which she made $75,000 a year. Expenses include $100,000 for wages and
romanna [79]
Explicit costs are business expenses that are easily identifiable and can be accounted for.

1) Wages and salaries = 100,000
2) Utilities expenses = 15,000
3) Materials and Supplies = 150,000
4) Gasoline expense = 5,000

100,000 + 15,000 + 150,000 + 5,000 = 270,000 answer is C.
5 0
3 years ago
Which manmade fiber is easy care
ankoles [38]

it is Polyester/cotton

7 0
3 years ago
Other questions:
  • In order to sell a product at a profit, the product must be priced higher than the total cost to build the unit, plus period exp
    12·1 answer
  • If a pension plan has not established an irrevocable trust to account for defined benefit pension plan contributions and distrib
    11·2 answers
  • A small trucking company is planning to install a GPS system in each of the five trucks the company owns. Each system costs $460
    14·1 answer
  • The letter “s” is directly printed on individual pieces of what brand of candy?
    13·1 answer
  • Meger Manufacturing uses the direct labor cost method for applying factory overhead to production. The budgeted direct labor cos
    7·1 answer
  • A classroom of children has 13 boys and 17 girls in which five students are chosen to do presentations. In how many ways can the
    7·1 answer
  • A master budget​ ________. A. is only prepared for manufacturers as they are the only type of company with material purchases an
    10·1 answer
  • b. D Corp stock currently trades at $50. August call options on the stock with a strike price of $55 are priced at $5.75. Octobe
    13·1 answer
  • 34. What systems work together when you touch an extremely hot<br>object? *​
    15·2 answers
  • What factors contribute to the comparative advantages of countries?
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!