Answer:
The markup calculated as a result of information about the elasticity of demand
Explanation:
As a monopoly seller of pharmaceutical products the price set as markup would be above our marginal cost.
There are three facts about markup:
1. The Markup is not to be a price below marginal cost of the pharmaceutical product.
2. Markup is smaller when demand is more elastic. Remember if the price elasticity of demand is lower than 1, (negative) a rise in price causes an
increase in revenue for the seller.
Therefore having a -4 elasticity of demand could imply more profits for the firm.
Government issued picture ID, as well as a second form of ID. Preferably a social security card.
Answer:
B. restricted the ability of competitors to engage in cooperative agreements
Explanation:
The Sherman Antitrust Act of 1890 is a US legislation that regulates the level of competition that exists among businesses. It was passed by the Congress when Benjamin Harrison was president. This act is aimed at protecting trade and commerce from illegal restraints and monopolies. It was enacted by the 51st Congress of the United States. This act was introduced by John Sherman in the senate house.
Answer:
lower
Explanation:
As people would make a smaller profit but more if it accumulating it to get bigger than expensive with less sales.
Answer:
If you were wrongfully put into an insane asylum, how would you convince them that you're actually sane and not just pretending to be sane? Why?
When one seeks for an asylum, at that moment in time there is no choice of the location or group of people it could be once it is far away from war zone or trouble or danger zone where one can find peace at least. Then if it is an insane asylum, the only way to prove of his sanity by doing what is termed as wrong, i mean doing what seems to others as wrong which would depict his sanity that is different from others. while pretending to be like others that are insane would only paint such an individual as insane as well because it would take time to prove such not to be insane.
Explanation:
