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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The correct answer is D) Local leaders used bribery to gain power to challenge the throne.
A series of weak emperors affected the Han dynasty in that local leaders used bribery to gain power to challenge the throne.
However, we have to consider that the collapse of the Hang Dynasty in ancient China was the combination of several factors, not just one.
Of course, weak and bad rulers did not have the leadership and vision to maintain the privileged economic and political situation that inherited. Bu also corruption and bribes. There was also the empress's influence in decisions and the eunuchs that lived in the court that considered that they were too young to be the emperors. And of course, let's not forget the importance and consequences of the Yellow Turban Revolt, a peasant rebellion in the year 184.
Resources needed to provide goods or services are called factors of production
<h2>Further Explanation:
</h2><h3>Factors of reproduction </h3>
- Factors of reproduction are inputs or resources that are used in the generation of goods and services with an aim of making profit.
- There are four main factors of production which include;
- Land
- Labor
- Capital
- Entrepreneurship
<h3>Land </h3>
- This refers to all the natural resources that are available to be used in the production of goods.
- These natural resources includes raw materials from the ground, non-renewable resources such as petroleum and renewable resources such as timber.
- The income or reward earned from land as a factor of production is rent.
<h3>Labor </h3>
- This refers to the manpower or work done by human beings.
- The value of labor depends on the skills, education and motivation of workers.
- The reward for labor as a factor of production is wages and salaries.
<h3>Capital </h3>
- This refers to the capital goods, that is, man-made objects that are used for production of goods and services such as machinery, equipment and chemicals.
- They also include industries and commercial buildings.
- The reward or income earned from capital goods is interest
<h3>Entrepreneurship </h3>
- It involves coming up with an idea and developing it into profitable business.
- An entrepreneur is therefore an individual who combines the other factors of production to build a business and add the supply in the economy.
- The reward or income earned by entrepreneurs is profit.
Keywords: Factors of production, labor, land, capital
<h3>Learn more about
</h3>
Level: High school
Subject: Business
Topic: Factors of reproduction
Answer:
<em>Socio-cultural force</em>
Explanation:
The socio-cultural aspect of a country reflects the social and cultural life of the people domiciled in that country. Socio-cultural forces entail traditions, lifestyles and values that a particular society has, which affect their decision making.
United States culture promotes individualism which is normally shaped up by the values they learn from their society. On the contrary, the Japanese are expected to conform to group expectation and all these variations are a product of sociocultural force.
