Question

Question 10 1 pts What is another term for private benefit? O Profit Social benefit O Social rate of return Intellectual property Question 11 1 pts If a pharmaceutical company receives a drug patent in 2001 when can other companies legally produce that same drug? O 2011 O 2022 оооо 0 2034 0 2045

Answer 1

Answer-8. Correct option is 'D'

The state legislation is an example of cap and trade. Cap and trade reduces emissions, such as those from power plants, by setting a limits on pollution and creating a market. Its a system designed to reduce pollution in our atmosphere.

Answer-9. Correct option is 'C'

This permit exchange is an example of command and control. Command and control is a type of environmental regulation that allow policy makers to specifically regulate both the amount and the process by which a firm should maintain the quality of the environment.

Answer-10. Correct option is 'A'

Profit is an another term of private benefit. Private benefit is a benefit derived by an individual or firm directly involved in a transaction as either buyer and seller. Private benefit to a firm is a profit.

Answer-11. Correct option is 'B'

If a pharmaceutical company recevies drug patent in 2001, in 2022 other companies can legally produce the same drug. The patent will expire 20 years from the earliest filling date. After the patent expire anyone may make, use, offer for sale, sell or import the invention without permission of the patent owner.