The fundament tradeoff in drug pricing policy is between: (A) Safety and Efficacy (B) Safety and...
The fundament tradeoff in drug pricing policy is between:
(A) Safety and Efficacy
(B) Safety and Speed to market
(C) Efficacy and R&D Spending
(D) Incentives to innovate and affordability
Homework Answers
The fundamental tradeoff is between safety and speed to market.Drugs have an inelastic demand and face very high demand.They need to be available in the market all the time.
Answer-A
Add Answer to:
The fundament tradeoff in drug pricing policy is between:
(A) Safety and Efficacy
(B) Safety and...
In a study to evaluate drug efficacy, the manufacturer of a new type of generic drug...
In a study to evaluate drug efficacy, the manufacturer of a new type of generic drug for treating a disease wants to investigate the effectiveness of this generic drug as compared to the traditional brand name drug, At the present time, the brand name drug is the only approved treatment for the disease. Patients diagnosed with the disease have low concentration of a specific factor in their blood. Treatment with the brand name drug will result in an increase in...
The Ethics of Global Drug Pricing case; Please answer the following questions. 1- What is the...
The Ethics of Global Drug Pricing case; Please answer the following questions. 1- What is the proper balance for pharmaceutical companies between delivering the fiduciary obligation of earning a profit for owners and providing lifesaving or life-extending drugs to customers? How much profit is too much profit and who determines the amount? How does that balance get achieved? 2- Should the United States consider other methods for controlling drug pricing, such as those used in some European countries? Are there...
Sensitivity analysis: A) provides the tradeoff between fixed and variable costs. B) provides an estimate of...
Sensitivity analysis: A) provides the tradeoff between fixed and variable costs. B) provides an estimate of the most profitable situation that is reasonably expected. C) can be conducted on any input value used in the computation of a project’s NPV. D) cannot evaluate a change in NPV related to a project’s initial investment. E) should never be conducted if the base-case scenario results in a negative NPV.
41) Chapter 3 The manager of a seafood restaurant was asked to establish a pricing policy...
41) Chapter 3 The manager of a seafood restaurant was asked to establish a pricing policy on lobster dinners. The manager intends to use the pricing S/LB to predict the lobster sales on each day. The pertinent historical data are collected as shown in the table. Anaswer the following questions. Day Lobster Sold/dayPrice (S/Tb.) 179 8.2 176 192 179 7.8 7.6 160 8.9 b) r is the coeefficient of correlation. Use the r equation to compute the value of the...
1) When will a tradeoff occur between inflation and unemployment? (hint: think about the Philips curve)...
1) When will a tradeoff occur between inflation and unemployment? (hint: think about the Philips curve) a) short run b) long run c) neither d) a and b 2) Is the rate of ____ is zero in the long run a) inflation b) unemployment c) employment d) none of the above
The tradeoff between inflation and unemployment does not exist in the long run because people will...
The tradeoff between inflation and unemployment does not exist in the long run because people will adjust their expectations so that expected inflation: A. exceeds the inflation rate B. equals the inflation rate of the previous year. C. equals the inflation rate. D. is below the inflation rate.
QUESTION 3 The manager of a seafood restaurant was asked to establish a pricing policy on...
QUESTION 3 The manager of a seafood restaurant was asked to establish a pricing policy on lobster dinners. The manager intends to use the pricing $/LB to predict the lobster sales on each day. The pertinent historical data are collected as shown in the table. Anaswer the following questions. Day Lobster Sold/day Price ($/lb.) 1 182 7.5 2 179 7.9 3 168 7.5 4 198 7.1 5 169 7.1 6 179 6.2 7 158 8.2 a) x = independent...
Can't quite figure this problem from Tadelis' game theory (16.5) Thanks! Drug Ads: A pharmaceutical company...
Can't quite figure this problem from Tadelis' game theory (16.5)
Thanks!
Drug Ads: A pharmaceutical company (player 1) introduces a new cold medicine. The medicine may either be highly effective (H) or have little effect (L). The company knows the effectiveness of the drug, but a repre- sentative consumer (player 2) knows only that the prior probability that it is highly effective is 5. The company can choose either to advertise the drug excessively (A), at a cost c >...
30. Generally, there should be a tradeoff between risk and return: the higher the risk, the...
30. Generally, there should be a tradeoff between risk and return: the higher the risk, the higher the expected return. a. True b. False 31. You purchased a share of BestBuy stock on January 1, 2001, at a price of $50.00 per share. A year later the share price was $58.00. In addition, the dividend paid to you was 1.00. Based on the information, the return over the year is a. b. c. d. 15% 16% 17% 18% 32. You...
5) Table 1.1 shows the tradeoff between different combinations of missile production and home construction, ceteris...
5) Table 1.1 shows the tradeoff between different combinations of missile production and home construction, ceteris paribus. Complete the table by calculating the required opportunity costs for both missiles and houses. Then answer the indicated question(s). Combination Number of houses Opportunity cost | of houses in terms of missiles Number of missiles Opportunity cost of missiles in terms of houses 10,000 17,000 21,000 23,000 M N In Table 1.1, what is the opportunity cost of increasing the production of missiles...
41) Chapter 3 The manager of a seafood restaurant was asked to establish a pricing policy on lobster dinners. The manager intends to use the pricing S/LB to predict the lobster sales on each day. The pertinent historical data are collected as shown in the table. Anaswer the following questions. Day Lobster Sold/dayPrice (S/Tb.) 179 8.2 176 192 179 7.8 7.6 160 8.9 b) r is the coeefficient of correlation. Use the r equation to compute the value of the...
Can't quite figure this problem from Tadelis' game theory (16.5)
Thanks!
Drug Ads: A pharmaceutical company (player 1) introduces a new cold medicine. The medicine may either be highly effective (H) or have little effect (L). The company knows the effectiveness of the drug, but a repre- sentative consumer (player 2) knows only that the prior probability that it is highly effective is 5. The company can choose either to advertise the drug excessively (A), at a cost c >...
30. Generally, there should be a tradeoff between risk and return: the higher the risk, the higher the expected return. a. True b. False 31. You purchased a share of BestBuy stock on January 1, 2001, at a price of $50.00 per share. A year later the share price was $58.00. In addition, the dividend paid to you was 1.00. Based on the information, the return over the year is a. b. c. d. 15% 16% 17% 18% 32. You...
5) Table 1.1 shows the tradeoff between different combinations of missile production and home construction, ceteris paribus. Complete the table by calculating the required opportunity costs for both missiles and houses. Then answer the indicated question(s). Combination Number of houses Opportunity cost | of houses in terms of missiles Number of missiles Opportunity cost of missiles in terms of houses 10,000 17,000 21,000 23,000 M N In Table 1.1, what is the opportunity cost of increasing the production of missiles...
Most questions answered within 3 hours.
-
Developmental biology
A mouse contains a mutation that results in a failure of their
long
bones...
asked 3 minutes ago -
Alice has the RSA public key (n, e) = (11413, 251) and private
key d =...
asked 3 minutes ago -
QUESTION 5
A drug or medicine can reach the brain more effectively by
placing the drug...
asked 7 minutes ago -
Rammazzotti, Inc., is looking for feedback on company
performance. The company compares the budget for the...
asked 8 minutes ago -
A manufacturer of chocolate chips would like to know whether its
bag filling machine works correctly...
asked 16 minutes ago -
Consider the student registration business process at
your college:
1.)Describe the steps necessary for you to...
asked 23 minutes ago -
when released from rest at point A, an unknown ion moves to
point B. At point...
asked 15 minutes ago -
A stock is expected to pay the following dividends: $1.1
four years from now, $1.4 five...
asked 21 minutes ago -
G=yellow and g=green pea seeds. You cross a heterozygous
yellow-seeded plant with a green-seeded plant to...
asked 23 minutes ago -
Current Balance Experiment
a) When there is no current flowing through the electromagnet
coil, is there...
asked 22 minutes ago -
In Visual Basic 2017, Write a complete Main method that prints
Hello, world to the screen....
asked 39 minutes ago -
a) Find the pressure difference on an airplane wing if air flows
over the upper surface...
asked 45 minutes ago