consider the pharmaceutical company mylan that produces epinephrine injection devices called epipens. in the presence of other firms producing substitutes for this good, the price of epipens is $150.

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Answer 1

From the information given, when the price is $150, it should be noted that the firm will earn a negative economic profit.

From the information, it was stated that in the presence of other firms producing substitutes for the good, the price of epipens is $150.

It should be noted that profit will be maximized when the marginal revenue and the marginal cost intersects. Therefore, when the price is $150, the average total cost will lie above the demand curve. Therefore, the firm earns a negative economic profit.

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Related Questions

When lending money, a long-term lender is more interested in a company's ________ and indebtedness to other lenders.

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The long-term lender is much more interested in the company's profitability and indebtedness to other lenders than in the company's current liquidity.

 

Long-term lending involves a time-frame of five years or more. Therefore, the long-term lender will, generally, be more interested in lending to companies with profitable operations, unlike companies that enjoy good short-term liquidity profiles. The long-term lender also considers the debts already contracted by the borrowing company before offering additional financing.

 

Thus, the interest of a long-term lender is in the company's profitability than in its short-term liquidity.

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what is the primary driver of the left hand of the yield curve

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Answer:

Central bank interest rates.

Explanation:

what is postulated to have caused a sudden inflation of the early universe?

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Statement that explains the postulation that caused a sudden inflation of the early universe is:

The energy released from the "freezing out" of the strong force from the GUT force.

Towards the end of that era, there was a grand unified theories that predicted that there was a freezing out of the nuclear strong force due to the extreme cooling of the universe.

This is considered as the sudden inflation of the early universe.

Therefore, freezing out" of the strong force from the GUT force is the correct answer.

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A food product is pulled from the consumer market after preliminary testing, before data conclusively proves that it causes pancreatic cancer. This is an example of:

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Answer:

The precautionary principle

Explanation:

Assume that skilled labor costs twice as much as unskilled labor, a profit-maximizing firm will a. always hire more skilled labor because it is more productive. b. always hire more unskilled labor because it is cheaper. c. hire until it equalizes the two marginal products. d. hire until the marginal product of unskilled labor is one-half that of skilled labor.

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If the relationship described above between skilled labor and unskilled labor is true, then the company will c. hire until it equalizes the two marginal products.

Marginal product:

Is extra amount of production gained when an additional unit is added Reduces after a certain amount of the resource is added

Because the marginal product of skilled and unskilled labor will eventually decrease, the company would hire such that both their marginal products are equal because at this point, they both contribute the same to the company.

In conclusion, option c is correct.

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Incumbent firms prefer to focus on incremental innovations which reinforce their established organizational structure and power distribution and avoid radical innovation that could disrupt their existing power distribution. This is known as

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Organizational inertia is simply known to be the ability or strength of an organization to create internal changes in the midst of an important external changes. This is known as Organizational inertia

An organization inertia often increase or takes place step by step in the organization's actions. The organization therefore suddenly reacts based on past experiences and strongly resists against changing.

It is the ability of a mature organization to still stand on its main trajectory. This inertia is made up of two elements. They are resource rigidity and routine rigidity

Incumbent firms favor incremental innovation over radical innovation because radical innovation often obstruct or disturb the existing power distribution that takes place in the firms.

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In a business process, ________ are defined as collections of related tasks that receive inputs and produce outputs.

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Considering the business undertakings, in a business process, activities are defined as collections of related tasks that receive inputs and produce outputs.

Activities in business involve many processes that include the start and end point to the sales of the products or services.

Business activities usually include the following:

Creating BudgetGrowing SalesMarketing PlanFinancial analysisAccounting operation Customer serviceHuman resources, etc.

Hence, in this case, it is concluded that the correct answer is "Activities."

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what are the answers to number 3 4 5​

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3C 4D and 5A thats thw answer for them

What do you mean by the vocations based on capital ? Explain with examples​

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Answer:

Capital asset -investment activity is vocation or business being an adventure or concern in nature of commerce. Income/ loss from such activity will fall under different heads of income.

Explanation:

this is the correct answer

Explain how the forms of demand supply will eliminate a market surplus

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Answer and Explanation: 1

Answer and Explanation: 1A market surplus is when the quantity supplied of a good is greater than the quantity demanded. We can also say there is excess supply. This happens at a certain price that is above the market equilibrium which causes more of a product to be supplied than consumers are willing to buy. It is the opposite of a shortage.

Answer and Explanation: 1A market surplus is when the quantity supplied of a good is greater than the quantity demanded. We can also say there is excess supply. This happens at a certain price that is above the market equilibrium which causes more of a product to be supplied than consumers are willing to buy. It is the opposite of a shortage.The market attempts to resolve the surplus by pushing the price down until it is at its equilibrium. A lower price will reduce the quantity supplied and increase the quantity demanded.

When an advertiser has something important or new to announce to a target audience, a(n) ________ headline will be used.

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Eye catching, bold, commemorative, all of these work hope this helped.

at what age can you withdraw from 401k without paying taxes

Answers

Answer:

around the age 59 1/2

Explanation:

The withdrawls will be subject  to ordinary income tax, based on your tax bracket.

Say's Law argues that a given ____________________ must create an equivalent ________________________ somewhere else in the economy. potential GDP; value of supply total quantity of goods; price level for output natural rate of unemployment; full employment GDP value of supply; value of demand

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Based on the economic theory of demand and supply, Say's Law argues that a given "value of supply" must create an equivalent "value of demand" somewhere else in the economy.

This is based on the idea that supply would deduce the size of the macro-economy, which in turn makes sense in the long run.

Jean Baptiste Say is a French economist famous for being an adherent supporter of business competition, free trade, and removing restraints on business activities.

His Say's law was famous as it tried to define the market condition. Say's law is sometimes referred to as the Law of Market.

Hence, in this case, it is concluded that the correct answer is option D. "value of supply; the value of demand."

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PLEASE HELP
1. What are the distribution/production channels of your business/product. In list or paragraph format discuss the channels in which your
product will be created/sold. This should be very well thought out and include plenty of details. Be sure to explain how your
product/service would get to customers. You can refer back to module 10 notes for a refresher of distribution channels.

2. Describe in detail in either list/paragraph form the key metrics of your business. This is an explanation of key activities that must be
measured by your business.
MY project is about a self propelled stroller

Answers

Answer:

1.As consumers, we take for granted that when we go to a supermarket the shelves will be filled with the products we want; when we are thirsty there will be a Coke machine or bar around the corner, and we count on being able to get online and find any product available for purchase and quick delivery. Of course, if we give it some thought, we realize that this magic is not a given and that hundreds of thousands of people plan, organize, and labor long hours to make this convenience available. It has not always been this way, and it is still not this way in many other parts of the world.

Looking back over time, the channel structure in primitive culture was virtually nonexistent. The family or tribal group was almost entirely self-sufficient. The group was composed of individuals who were both communal producers and consumers of whatever goods and services could be made available. As economies evolved, people began to specialize in some aspect of economic activity. They engaged in farming, hunting, or fishing, or some other basic craft. Eventually this specialized skill produced excess products, which they exchanged or traded for needed goods that had been produced by others. This exchange process or barter marked the beginning of formal channels of distribution. These early channels involved a series of exchanges between two parties who were producers of one product and consumers of the other.

Penny has been using the same brand of shampoo since her mother first bought it for her. She switches to another brand after her favorite actress endorses it. Which principle of influence does Penny's action illustrate

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Based on the information the principle of influence that Penny's action illustrate is authority.

Authority is a principle that can influence a person to act in accordance with people in that are in a higher position or people that has the authority to make vital decision.

Based on the information given Penny's action illustrate Authority because she trust the actress based on her status.

Penny's  believe that the actress is more reliable because she has endorse the brand and she felt complying with the actress will lead to a more  favorable result that using the brand her mother first bought for her.

Inconclusion the principle of influence that Penny's action illustrate is authority.

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What should a company or organization do to minimize any negative buzz surrounding its event?

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Answer:

A hashtag can help event marketers create buzz because it creates a live conversation for fans. All the information and opinions of others is easily accessible for anyone to interested to look at and even join and that creates the buzz.

A company or organization to minimize any negative buzz.  A negative comment on the object can be lethal, especially if your business is being weapon down by influential persons or (t) witter users. Even with that in mind,

What is the organization?

An organization is a group of people who work together, like a neighborhood social activity, a charity, a union, or a business firm. You can use the word organization to refer to a group or business.  An official group of people, for example, a governmental party, a business, a charity, or a club.

As an organization there are various methods are being there to minimize any negative buzz,  A negative comment on an object can be lethal, especially if your business is being weapon down by influential persons or  (t) witter users.

Therefore, the conclusion for  A negative comment on the organization can be lethal,

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Albert Inc. has both common and preferred stock outstanding. Which should be listed first in the stockholders' equity section of the balance sheet?

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Answer: Preferred Stock

Preferred Stock should be listed first in the stockholders' equity section of the balance sheet

What is the stock price?

A share price is the price of a single share of a company's salable equity shares. In layman's terms, the stock d. Stock market Analysts in economics and financial theory utilize random walk techniques to model the behavior of asset prices, particularly share prices on stock exchanges.

A type of stock called preferred stock combines traits from both stocks and bonds. Similar to bonds, preferred shares pay out cash dividends, frequently at a higher yield than bonds while carrying less risk than common stock.

A stock is a form of security that indicates the holder has proportionate ownership in the issuing corporation and is sold predominantly on stock exchanges. Corporations issue stock to raise funds to operate their businesses. There are two main types of stock: common and preferred.

Therefore, Preferred Stock should be listed first in the stockholders'

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After a strong hurricane lashed the Caribbean last year, many impacted countries were forced to borrow money for repairs. Which organization would most likely be responsible for lending the money in this example

Answers

Answer: World bank

Explanation:

The International Monetary Fund (IMF) is the organization that would most likely be responsible for lending the money in this case,

The International Monetary Fund is an international body that offers loans and other forms of assistance to facilitate establishment and maintenance of a country's economy.

In conclusion, the International Monetary Fund (IMF) is the organization that would most likely be responsible for lending the money in this case,

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Eva currently owes $21,000 on a student loan and two credit cards. The total
amount owed is considered
O A. debt
B. credit
C. interest
D. collateral

Answers

A. debt.
Hope it helps!

Answer: a dept

Explanation:

what career cluster do you get to design build and destroy thing

Answers

Answer:

Construction

Explanation:

Construction bc you can build and demolish everything (lol sounds like a fun job)

in most states, only the member-managers will be entitled to vote. Group of answer choices True False

Answers

this is false hope that helps

Urban development that stresses nearby access to transportation for local urban centers, less car dependence, and the use of greener transportation options is more generally likely to be seen in Europe and in some major urban centers in the United States.

True
False

Answers

Answer:

True

Explanation:

Its true

saving on real estate expenses and leveraging knowledge of many different markets are benefits of

Answers

Saving on real estate expenses and leveraging knowledge of many different markets are benefits of: A cross-functional team.

A team can be defined as set of individuals or a group of people that are having various skill set, knowledge, ideas and experience, coming together to work on a project or task, in order to successfully achieve a set goal and objective.

Basically, there are four (4) main types of team and these include:

Functional team.Virtual team.Self-managed team.Cross-functional team.

A cross-functional team can be defined as a team that comprises members from different functional areas or departments in a business firm (company).

Hence, these group members usually have various skills, ideas and knowledge which can be leveraged upon to grow and develop a business firm (company).

In conclusion, saving on real estate expenses and leveraging knowledge of many different markets are benefits of a cross-functional team.

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If a firm produced a standard item with relatively stable demand, what alpha value would you expect them to use

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I think 10% would be reasonable

the laissez faire model is inspired by the work of which economic philosopher?

Answers

Laissez faire model was inspired by John Stuart Mill's book "Principles of Political Economy" (1848). This model states that the government should not be heavily involved in the market, and should have a hands off approach.

I hope this helped! :)

The model of laissez-faire was inspired by the work of  John Stuart Mill, who was an economic philosopher.

What is a laissez-faire model?

Laissez-faire is a free-market economic ideology that opposes government interference. During the 18th century, the French Physiocrats created the laissez-faire philosophy. Laissez-faire proponents believe that when governments intervene in industry and markets, economic prosperity suffers.

John Stuart Mill's work "Principles of Political Economy" influenced the laissez-faire paradigm (1848). According to this concept, the government should not be overly involved in the market and should take a hands-off attitude.

Therefore, it can be concluded that John Stuart Mill work was inspired by the laissez-faire model.

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For long-lived assets that have been in use for more than one accounting period, Depreciation Expense on the ______ Accumulated Depreciation on the ______. Multiple choice question.

Answers

Answer:income statement will be less than; balance sheet

Explanation:

 For long-lived assets that have been in use for more than one accounting period, Depreciation Expense on the debit. Accumulated Depreciation on the credit.

Therefore, the entry that was made by the accountant, assets and stockholders' equity will be decreased.

Depreciation simple defined as the allocation of the cost of a long-lived, tangible asset over its useful life making an expense on the income statement that is matched against the revenue gotten by the use the asset.

The effect of recording depreciation expense on the accounting equation is that Total assets decrease and Total stockholders' equity decreases

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A _________ specializes in developing plans and recommendations that meet the software and system needs of an organization.

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A person that develop plans as well as making recommendations so that software and system needs can be met in an organization is systems analyst.

systems analyst can be regarded as a person that utilize his experience in analysis and design techniques to make recommendation in term of needs of the organization.

This could be in Tech. industry such as in software and others.

Therefore, systems analyst is correct.

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When a firm finances new investments, it may set up accounts payable with suppliers, but the balance that the firm must supply is called the investment in net capital.

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When firm finances new investments, then set up accounts payable with suppliers, in which the balance that the firm must supply is called the investment in net "Working" capital.

This is because investment in net working capital is when the capital remains when the current liabilities are removed from the current assets.

The net working capital can be any of the cash, accounts receivable, inventory, and short-term investments or a combination of any of these elements.

The net working capital can be used to pay debts or invest in the growth of the company.

Hence, in this case, it is concluded that the correct answer is "Net Working Capital."

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adding value to products and services sold to consumers in households for their personal or family use is known as

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Based on business and marketing relations, adding value to products and services sold to consumers in households for personal or family use is known as "Retailing."

This is because retailing is part of a business or marketing process that involves selling the products or commodities to final consumers.

Usually, retailing services involve the sales of products and services to add value to the final consumers.

For example, free delivery, making tomatoes and peppers into salsa, etc.

Hence, in this case, it is concluded that the correct answer is "Retailing."

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the three major factors associated with corporate social responsibility are

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Based on the socio-economic analysis, the three primary factors associated with corporate social responsibility include "society."

The other two significant factors associated with corporate social responsibility include the following:

EthicsEnvironment.

Corporate social responsibility is a term used to describe the practices and policies of business firms or companies to operate in a way that benefits their environment at large, instead of degrading or affecting the environment.

Corporate Social Responsibility involves economic and philanthropic responsibilities, all of which form the social-environmental and ethical responsibilities.

Hence, in this case, it is concluded that the correct answer is society, ethics, and the environment.

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