Answer: charge a monopoly price
Explanation:
Patents provide an exclusive right to the firm in the production and sale of a drug. This provides the firm exclusive market power to decide the price and the quantity and therefore the firm is able to charge a monopoly price and also earn monopoly profits.
When an existing patent expires and the generic producers enter the market, the price reduces due to an increase in the supply of the erstwhile patented drug. This will reduce the monopoly profit of incumbent producers. Therefore, they will seek to deter the entry of generic drug makers in order to safeguard their monopoly profits and price.
Therefore, incumbents were willing to give enough to potential entrants so as to make them delay entry to charge a monopoly price.
The effect of the 2013 Supreme Court decision allowing legal action against these companies is increase in the cost of pay-for-delay agreements and also reduce incumbent profits from these agreements.
Answer:
E. Encoding
Explanation:
Communication involves passing and sharing of information to people.
Encoding barrier of communication deals with the receiver of the information having difficulties in understanding the message . This happens when the sender has problems in choosing the appropriate words needed and arranging the words to make it grammatically correct.
Lee was asked to complete her work in English language which was her second language. She wasn’t really conversant with the language which is why her colleagues found it difficult to understand what she wrote.
Increasing the compensation to that stakeholder group.
Answer:
The correct answer is: Afghanistan.
Explanation:
Afghanistan is considered the world's largest opium producer since the end of the twentieth century. Unfortunately, the proceeds of the production have mostly gone to illegal activities. It s estimated that over ninety percent (90%) of Afghanistan's opium crop goes to illicit heroin production worldwide.
