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Yuliya22 [10]
3 years ago
10

Sophia is an undergraduate intern at her Senator's office in Washington, DC. She loves her job, as it

Business
1 answer:
Softa [21]3 years ago
7 0

Sophia should advise her senator to consider all aspects of patents and the economic impact on producers and consumers, to benefit everyone equally.

According to the information found by Sophia, the senator must take into account the most important information for the meeting with representatives of the pharmaceutical industry. For example, she must take into account that currently pharmaceutical companies already have a long reservation of their patents of maximum of 25 years in which they recover the money invested and earn billions of dollars.

However, this is not enough because pharmaceutical companies also lose about 1.3 billion on some drugs. After all, only 2 out of 10 drugs put on the market are profitable.

According to the foregoing, it would be fair for pharmaceutical companies to extend the term of exclusivity of patents because this time would bring them greater profits that would balance the great possibilities of loss that they have with other research and with drugs that go on the market.

Learn more about patent in: brainly.com/question/13896945

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In markets characterized by oligopoly,
Tju [1.3M]

Answer:

d. the oligopolists earn the highest profit when they cooperate and behave like a monopolist.

Explanation:

An oligopoly is when there are few large firms operating in an industry.

When oligopoly firms come together and agree to set a price, they are known as cartels and are acting as a monopoly. Firms in a cartel earn the highest profit because they act as a monopoly compared to when they aren't in a cartel and each firm sets their own prices to maximise profit. In a case where firms in an oligopoly do not form a cartel, they engage in price wars and other forms of competition which might make firms earn lower profits compared to when they are in a cartel.

Collusive agreements aren't always binding. Firms might have incentives to cheat on the agreement if the payoff from cheating is higher than not cheating.

I hope my answer helps you.

4 0
3 years ago
The demand for your hand-made skateboards, in weekly sales, is q = −6p + 400 if the selling price is $p. You are prepared to sup
4vir4ik [10]

Answer:

The price you should sell your skateboards so that there is neither a shortage nor a surplus is $70

Explanation:

In order to calculate the price should you sell your skateboards for so that there is neither a shortage nor a surplus we would have to make the following calculation:

−6p + 400= 4p − 300

-10p=-700

p=70

The price you should sell your skateboards so that there is neither a shortage nor a surplus is $70

3 0
4 years ago
The strategy in which a company sells its exports to another country at a lower price than it sells the same product in its dome
Step2247 [10]

Answer:

Dumping

Explanation:

Dumping is protectionist strategy in which a company sells its exports to another country at a lower price than it sells the same product in its domestic market. Dumping is usually associated with a substantial volume of export of a product, it often endangers the financial viability of the product's manufacturer or producer in the importing nation.

6 0
3 years ago
In a period of three months, fredrica has contracted three different diseases caused by streptococci. why did she not become imm
creativ13 [48]
She didn't wind up plainly resistant to streptococcal contaminations after the primary episode since when she initially got it, she may have become a few episodes of strep throat, her living condition may at present have streptococcal, it could likewise be that her own particular uncle was tainted and contaminated to Fredrica again by embracing her, and she didn't take every one of the solutions. She can get tainted once more; a few people can get contaminated 6 clocks for each year.
7 0
3 years ago
You are considering acquiring a common share of Sahali Shopping Center Corporation that you would like to hold for 1 year. You e
Vikki [24]

Answer:

B. $32.37

Explanation:

The computation of the maximum price for paying the share today is shown below:

Let us assume the buying price be x

Now we applying the following formula

Return = (sale price - buy price + dividend) ÷ (buy price)

12% = ($35 - x + $1.25) ÷ x

0.12 = $36.25 - x

1.12x = $36.25

x = $36.25 ÷ 1.12

= $32.37

Hence, the correct option is B.

3 0
4 years ago
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