The correct option is c. Market failure occurs when unrestrained market economy leads to too few or too many resources going to a specific economic activity.
Market failure, according to neoclassical economics, occurs when a free market fails to allocate products and services in a Pareto-efficient manner, frequently resulting in a net loss of financial value. Market failures can be seen as situations when people's pursuit of their own self-interest results in inefficient outcomes that can be rectified from a societal perspective. Although the word was first used by economists in 1958, the idea can be found as far back as the Victorian philosopher Henry Sidgwick. Public goods, time-inconsistent desires, asymmetric information, non-competitive markets, principal-agent issues, or externalities are frequently linked to market failures.
Learn more about market failure here:
https://brainly.com/question/13123538
#SPJ4
florin and guilder are two countries separated by a narrow sea. they use currencies called, respectively, the flop and the gulp. the nominal exchange rate is 20 flops to one gulp. if a trader wanted to exchange 30 gulps for flops, how many flops would she get? .
If a trader wanted to exchange 30 gulps for flops, she would get 600 flops.
What is trade?Trade, which is typically done in exchange for money, is the transfer of goods and services from one person or institution to another. Economists refer to a network or system that enables trading as a market.
Before the advent of money, trade that involved direct exchanges of goods and services for other goods and services was known as bartering. The majority of commercial agreements nowadays are negotiated utilizing a form of exchange like money. Nowadays, most trade agreements are reached using a medium of exchange, like money. Money's creation facilitated trade and made it easier. Bilateral trade is trade between two traders, whereas multilateral trade is trade involving more than two dealers.
To learn more about trade, visit:
https://brainly.com/question/1413860
#SPJ4
a company must make a volume trade-off decision when they blank . multiple select question. must trade off units of one product for units of another due to limited production capacity have excess capacity that is not currently being utilized do not have enough capacity to satisfy the demand for all of its products
A company must make a volume trade-off decision when they have limited production capacity.
What is trade-off?
A trade-off (or tradeoff) is indeed a situation - specific decision involving the reduction or elimination of one quality, quantity, or property of a set or design in exchange for gains in other areas. A tradeoff occurs when one thing increases while another must decrease. Tradeoffs arise from a variety of constraints, including simple physics - for example, only a certain volume of objects can fit into a given space, so a filled container must eliminate some items before accepting any more, and vessels can carry a few large items or multiple small items. Tradeoffs can also refer to different setups of a single item, such as tuning the strings on a guitar to allow for different notes to be played, or allocating time and attention to different tasks.
To learn more about trade-off
https://brainly.com/question/7072776
#SPJ4
a characteristic feature of a prestige demand curve is that as price is lowered, the curve turns back to the left toward its initial level. why is this so?
The reason why the curve turns back to the left toward its initial level was : because of the decrease in demand.
What is demand curve?Demand curve can be defined as the curve that help to show the price of product in the market and the quantity that was demand at a specific period of time.
With prestige product the demand for the product tend to increases as the price increases and demand as well decreases as the price of the product decreases which is why the demand curve is like backward (ↄ) .
Therefore the reason is due to the decrease in demand.
Learn more about demand curve here: https://brainly.com/question/1139186
#SPJ1
most home insurance policies cover jewelry for $1,000 and silverware for $2,500 unless the items are covered by additional insurance. if $4,470 worth of jewelry and $3,660 worth of silverware were stolen from a family, what amount of the claim would not be covered by insurance?
The claim amount is $4,630, which is not covered by insurance.
What is claim amount?The sum payable at the maturity of an insurance policy or upon the death of the person insured to the beneficiary, nominee, or legal heir of the insured is known as the claim amount. The actual loss incurred by the Insured with respect to a Loan as calculated in accordance with Section V is referred to as the Claim Amount. Claim = Loss Suffered x Insured Value/Total Cost The goal of such an Average Clause is to limit the Insurance Company's liability. A Claim Payment is an amount paid to you under the Policy to compensate you for credit losses caused by unpaid insured receivables.Therefore,
The insurance company will pay the greater of the claim amount or the insurance coverage limit for each item. Because the values of the stolen jewelry and silverware exceed their individual coverage limits, the insurance company will pay the $1,000 for jewelry and $2,500 for silverware coverage limits.
Amount not covered by insurance = ($4,470 - 1,000) + ($3,660 - 2,500)
= 3,470 + 1,160
= $4,630
full-service supplier firms have the ability to define the problem, specify the research design, collect and analyze the data, and prepare the report. true false
Since the full-service supplier also prepares the final report, this statement is false.Therefore, it is false.
Because they are major reasons why research might not be necessary, all of the statements are accurate.The third statement is a classic example of resources being wasted for no apparent reason. If the information is already available, there is no point in conducting research; if the market is anticipated to be down, there is no point in wasting resources behind a product that will not be useful.
What is a complete service provider?The type of supplier known as a "full-service supplier" is one that is capable of offering a variety of activities and services to their clients, such as design access, testing, development and research, and supplier engineering.
Learn more about full-service supplier here:
https://brainly.com/question/21054462
#SPJ4
what are the pre-shift and post-shift equilibrium prices for a sandwich? will an increase in quantity supplied at every price always result in a lower equilibrium price, why?
Yes, an increase in quantity supplied at every price always results in a lower equilibrium price due to the law of supply.
The law of supply is the law of microeconomics that, all other factors being equal, when the price of a good or service increases, the quantity of the good or service offered by the supplier increases and vice versa.In the law of supply, suppliers try to maximize their profits by selling more commodities when their prices increase.According to the law of supply, the higher the price, the more the producer will put on the market.When a company strives to make a profit, expecting a higher price for something will make it produce more.If prices fall in the meantime, suppliers will be discouraged from producing so much.Market supply can be represented as a rising supply curve that shows how supply responds to different prices over a period of time.Together with demand forms one-half of the law of supply and demand.hence, when an increase in quantity supplied at every price always results in a lower equilibrium price due to the law of supply.
to know more about the law of supply refer to:
https://brainly.com/question/1222851
#SPJ1
________ flows are the physical products, raw materials, supplies, and so forth that flow along the chain.
Material flows involve the flow of raw materials, physical products, supplies, and so forth along the supply chain.
In the supply chain, material flows handle the flow of all physical products from the distributor all the way down to delivering to the consumers. Typically, the flow of material usually starts with the raw material distributor to manufacturers to warehouses, and delivery to the final consumer.
Material flow is unidirectional as it usually flows in one direction, that is from distributor to consumer. However, on certain occasions, when a product is returned from the consumer, material flows go in another direction; as the concerns relating to customer returns and service needs are also part of material flows.
You can learn more about flows of supply chain management at
https://brainly.com/question/28902553
#SPJ4
market modification strategies include finding new customers, increasing product , and creating a new use situations. multiple choice question. use modifications awareness advertising
(a) Use
What are market modification strategies?
Market modification - this includes entering new market segments, redefining target markets, winning over competitor's customers, converting non-users. product modification.
For example, adjusting or improving your product's features, quality, pricing and differentiating it from other products in the marking.
What are the types of market strategies?
Types Of Marketing Strategies are:
Market Penetration Strategy.Market Development Strategy.Product Development Strategy.Diversification Strategy.To learn more about Marketing Strategies from the given link
https://brainly.com/question/28272302
#SPJ4
when a firm attempts to determine whether the product will perform according to its design and whether it satisfies the need for which it was intended, it partakes in
Alpha testing is used by the company to assess whether the product will perform according to its design and whether it will meet the requirement for which it was designed.
What is Alpha testing?Alpha testing is used by the company to assess whether the product will perform according to its design and whether it will meet the requirement for which it was designed. Alpha testers examine the inner workings of the technology, a process known as; white box testing. Participants in alpha tests are often engineers with the requisite skills to provide developers with technical comments and recommendations on how to fix what's broken.
Products often go through multiple phases of testing before being released to the general public. The alpha test phase is inextricably linked to proof of concept initiatives. The practice of distinguishing internal testing from customer-facing testing by using the first two letters of the Greek alphabet started in software development, but the labels are now used by product engineers across many sectors.
To know more about Alpha testing, click
https://brainly.com/question/28259519
#SPJ4
Mike owns swibel trucking, a successful trucking business, as a sole proprietor. After many successful years in business, one night he decides he wants to change his business to a partnership so that he can share the burden and devote more time to pursue his hobby of duck watching full time. What steps must he take to change the type of business entity to a partnership?.
Mike is not allowed to change the type of business entity to a partnership. It is because none as a sole proprietor can convert to another business form at the proprietor's will.
A partnership can be defined as a form of business where two or more people share ownership. In a partnership, the people who is involved in there have a responsibility for managing the company and the income or losses the business generates. There are some characteristics from partnership, such as:
Partnerships have sharing of profits and losses.Partnerships have mutual agency.Partnerships have unlimited liability.Partnership have lawful business.Partnership have contractual relationship.Learn more about partnership here https://brainly.com/question/19988417
#SPJ4
you are an investment advisor. your clients have been stuffing money into a a cookie jar to save for their child's college education, and is now bringing it to you to invest. they have $10091 dollars to invest and need to turn it into $23194 dollars in 8 years. they cannot make any more deposits. what rate of return do you need to find them to make sure they can afford to send their child to college? answer as a percent and to the nearest hundredth of a percent as in xx.xx % and enter without the percent sign.
The required rate of return is 16.23% for the investment
The principal amount invested for a child's college education= $10091
Required amount in future for education= $23194
Number of years for which amount is invested= 8 years
Interest earned in 8 years = 23194-10091 = $13103
Using the formula of simple interest, to find the rate of return:
Simple interest = P*R*T/100
where P = principal amount invested
R = rate of return
and T = time period for which the principal is invested
Substituting the values in the formula we get the following:
13103 = 10091*R*8/100
13103 = 807.28*R
R = 16.23%
So, the rate of return is 16.23%
Learn more about simple interests:
https://brainly.com/question/25845758
#SPJ4
soda bubbles corporation makes soft drinks. toby drinks a soda beverage, which proves defective and injures him. one justification for holding soda strictly liable for the harm caused to toby is that
Soft drinks are manufactured and sold by Soda Bubbles Corporation. Talia purchases and consumes a Soda Bubbles beverage, which turns out to be defective and injures her. One reason for holding Soda Bubbles strictly liable for the harm caused to Talia by its defective product is that Soda Bubbles is profitable.
A product defect is any feature of a product that prevents it from being used for the purpose for which it was designed and manufactured. Product defects are most commonly encountered in legal contexts involving product safety, where the term refers to "anything that renders the product not reasonably safe."
A defective product is one that causes harm to a person as a result of a design flaw, a manufacturing flaw, or a marketing flaw.
To know more about defective product, click here.
https://brainly.com/question/15647528
#SPJ1
the owner of a variable life policy may allocate the premium into a sub-account which is owned by the insurer, this sub-account is a part of what is also known as the:
This sub account is a part of what is also known as separate account by allocating the premium into a sub account which is owned by the insurer.
What is a policy and what is a separate account and what sub account part is also know as separate account?A policy is basically a plan of action initiated by the government with set of protocols to be obeyed.A separate account is an investment portfolio owned by an investor and managed by investment firm.Here the question is asked about a sub account owned by insurer and this sub account is a part of which account.Hence a separate account is an investment account of which sub account is a part of.So the owner of a variable life policy may allocate the premium into a sub-account which is owned by the insurer, this sub-account is a part of what is also known as separate account.To know more about policy visit:
https://brainly.com/question/28024313
#SPJ4
during 2024, the balboa software company incurred development costs of $2,000,000 related to a new software project. of this amount, $400,000 was incurred after technological feasibility was achieved. the project was completed in the middle of the year and the product was available for release to customers on july 1. revenues from the sale of the new software in 2024 were $500,000 and the company anticipated future additional revenues of $4,500,000. the economic life of the software is estimated at four years. what amount of the software development costs would be capitalized in 2024 (ignore amortization)?
The cost of developing the software would be capitalized in 2024 to the tune of $400,000.
How does technological feasibility work?Technology feasibility and cost analysis are used to evaluate a process or technology's potential economic viability and to determine which technologies have the best chance of being successful commercially. Plans for developing a balanced portfolio and validating new technologies can benefit from the findings of technology feasibility analysis efforts.
A technology's economic viability is evaluated by comparing its implementation costs for a specific process to the costs associated with existing technology. These analyses are therefore helpful in identifying the projects with the best chances of success in the short, medium, and long terms.
Calculation:
Cost of development: $2,000,000
$40000 was spent after technological feasibility was attained.
Now,
The expenses for creating software that would be capitalized in 20X1
= Cost incurred after technological feasibility is attained
= $400,000
Learn more about technological feasibility with the help of the given link:
brainly.com/question/6232090
#SPJ4
the economy is in an expansion and the housing market is growing. as a result of this, a home builder doubles his sales force. this would be best described as an example of a reduction in
The economy is in an expansion and the housing market is growing. as a result of this, a home builder doubles his sales force. This would be best described as an example of a reduction in Cyclical unemployment
What is cyclical unemployment?Cyclic unemployment is a component of total unemployment that directly results from cycles of economic booms and busts. Unemployment rates typically rise during recessions and fall during expansions. An example of cyclical unemployment is the layoff of construction workers during the Great Recession that followed the 2008 financial crisis. Unemployment can be classified as frictional unemployment, cyclical unemployment, structural unemployment, and institutional unemployment. On the other hand, cyclical unemployment increases during recessions as consumer demand for goods and services declines. Therefore, fewer workers are required, leading to layoffs.To learn more about cyclical unemployment from the given link :
https://brainly.com/question/9408873
#SPJ4
the manager at a music shop notices that more trombones are repaired on the days when alex and jasmine work the same shift. after some investigation, the manager discovers that alex is excellent at fixing slides, and jasmine is great at shaping mouthpieces. working together, alex and jasmine repair trombones faster. the manager is happy to have discovered this relationship and decides to always schedule alex and jasmine for the same shifts. in this scenario, the manager used which quality of analytical thinking?
As the manager is happy to have discovered this relationship and decides to always schedule alex and jasmine for the same shifts, the manager used the quality of analytical thinking known as an Correlation.
What is an Analytical skill?Basically, an analytical skill refers to the ability to deconstruct information into smaller categories in order to draw conclusions. Its consists of some categories that include logical reasoning, critical thinking, communication, research, data analysis and creativity.
Most time, an analytical skill are taught in contemporary education with the intention of fostering the appropriate practise for future professions. Some of the professions that adopt an analytical skill include educational institutions, public institutions, community organisations, industry etc.
From an analytical skill, an analytical thinking tells about ability to tackle complicated issues by evaluating information one have gathered and organized. These thinking skills are critical in the workplace and it is essential for gathering data, solving complex problems, making rational decisions etc.
Read more about Analytical skill
brainly.com/question/27276969
#SPJ1
Which of the following best describes a liability?
When assessing the impact of the ideal process, determine whether or not the ____________ has been met.
Process efficiency denotes an ideal (often the quickest or least expensive) approach to carry out procedures. On the other hand, successful process management entails following the appropriate procedures and attaining the intended outcomes.
Process efficiency: what is it?Essentially, "the amount of effort or input necessary to produce your business's product" is the definition of process efficiency.For instance, your process efficiency is appalling if it takes 300 workers to create a single pack of gum. Aside from that, you ought to quit making gum. However, if your company employs 300 people and produces 150,000 packs of gum every day, you most certainly run an effective firm.Production time divided by total process time equals the process overall efficiency. Let's imagine, for instance, that you're attempting to determine how effectively you make pizza. Measure the time it takes to produce the pizzas in relation to the overall process, including the time it takes to purchase the ingredients and transport them.To maintain organizational health, business process management must be effective. More than simply your bottom line is affected by your organization's decision to streamline business operations. It promotes the general health of your organization and gives your employees the freedom to produce their best work, which helps your business expand from the inside out.To Learn more About Process efficiency refer to:
https://brainly.com/question/26680636
#SPJ4
5. (a) how long will it take an investment to double in value if the interest rate is 3%, compounded continuously? (b) what is the equivalent annual interest rate?
The investment values are:
a) The number of times it'll take the investment to double is roughly=23.10 years
b) The original periodic interest rate is roughly=0.03
The continuous compounding intrest rate isThe reason the below values are correct is given as follows
a) The given parameters are:
Chance interest rate, r = 3
The nonstop compounding interest rate formula, is given as follows:
[tex]P(t)=P_{0} .e^{r.t} \\[/tex]
When the investment doubles, we have:
[tex]P_{0}= P_{0} .e^{r.t} \\e^{0.03*t} =2\\ t=\frac{In2}{0.03} =23.10[/tex]
The number of times, t, it'll take the investment to double is t ≈23.10 times
b) The original periodic interest rate is given as follows:
[tex]i_{eff} =e^{r} -1[/tex]
Where:
[tex]i_{eff}[/tex] = Effective periodic interest rate = Original periodic interest rate
Thus, we have:
[tex]i_{eff} =e^{0}.03 -1=0.03[/tex]
The original periodic interest rate ≈0.03
Learn Further about nonstop compounding interest rate then:
brainly.com/question/8557811
#SPJ4
which element of the promotion mix refers to the set of nonpersonal communication tools designed to stimulate quicker and more frequent purchases of a product?
Sales promotion refers to the set of non personal communication tools designed to stimulate quicker and more frequent purchases of a product.
What is promotion mix ?To maximize promotional efforts and reach a larger audience, marketers create a promotion mix, which is a collection of various marketing strategies. The duty of the marketer is to determine the ideal promotion mix for a specific brand.
It takes marketing expertise and experience to create a promotion mix. To create a successful promotion mix, marketers must conduct numerous studies and gather a ton of information on a specific brand.
The significance of a promotion mix :
increases the efficiency of advertising campaignssegments the audience and enhances client communicationsubscribers are informedunique among the groupWhat Makes Up a Promotion Mix?
Direct selling and advertisingpromotion of salesPublic relationsTo know more about, promotion mix, visit :
https://brainly.com/question/20879094
#SPJ4
according to the market orientation, profits can be obtained through multiple choice persuading customers that they need certain goods. dismissing customer relationship management. personal selling and advertising. mass producing goods for customers. acquiring new customers.
According to the market orientation, profits can be obtained by persuading customers that they need certain goods.
Market-oriented perspectives include decision-making perspectives, market information perspectives, cultural behavioral perspectives, strategic perspectives, and customer-centric perspectives.
Market Orientation is strategically focused on identifying the consumer needs and desires that define the new products being developed. Established companies such as Amazon and Coca-Cola use market-oriented principles to improve or expand their products and services.
Market orientation increases customer satisfaction and loyalty. Attention to customers increases loyalty and leads to repeat purchases. Brand loyalty creates a customer base that resists attempts by competitors to steal customers by offering low prices or special referral incentives.
Learn more about market orientation https://brainly.com/question/6895228
#SPJ4
if units a cost $4 each, units b cost $6 each, and units c cost $7 each, for a total cost of goods available of $220, the cost of goods sold to a customer who purchased 2as, 4bs, and 2cs would be:
The cost of goods sold to a customer who purchased 2as, 4bs, and 2cs would be $46.
2*4+4*6+2*7 = 46
What do you mean by cost of goods sold?
The cost of goods sold (COGS) is the carrying value of items sold over a specific time period. Costs are assigned to specific items using one of several methods, such as specific identification, first-in-first-out (FIFO), or average cost. Costs comprise the acquisition, conversion, and other costs incurred in bringing the inventories to their current location and condition. Material, labour, and allotted overhead are all included in the costs of goods manufactured by enterprises. The costs of items that have not yet been sold are postponed as inventory costs until the inventory is sold or written down in value.
The cost of goods sold will be:
2as*4bs+$4*$6+2cs*$7
= 46
To learn more about cost click :
https://brainly.com/question/25811981
#SPJ4
state materials, inc. changed from the fifo method of costing inventories to the weighted average method during 2021. when reported in the 2021 comparative financial statements, the 2020 inventory amount will be:
Depending on how prices develop during 2021, there will either be an increase or decrease.
What is the FIFO method of inventory valuation?First in, first out (FIFO) is an uncomplicated approach of inventory valuation based on the presumption that commodities acquired or created first are sold first. This implies that older inventory is distributed to customers before fresh inventory, in theory. Even if there have been recent changes in expenses, the cost of goods sold (COGS) of the oldest inventory is used to assess the value of ending inventory.
You must determine COGS at the conclusion of the accounting period or fiscal year because ecommerce inventory is regarded as an asset. Your balance sheets and inventory write-offs are impacted by ending inventory value. Recent merchandise often costs more than older inventory due to inflation.
To know more about, FIFO method, visit :
https://brainly.com/question/17924678
#SPJ4
The complete question is given below :
State Materials, Inc. changed from the FIFO method of costing inventories to the weighted average method during 2021. When reported in the 2021 comparative financial statements, the 2020 inventory amount will be:
Decreased.Increased.Increased or decreased, depending on how prices changed during 2021.Unaffected.which feature of a bond contract allows the issuer to redeem a bond issue immediately in its entirety at an amount greater than par value prior to maturity? put provision convertible provision call provision deferred call provision
A bond contract's call provision enables the issuer to redeem a bond issuance promptly and in full at a price greater than the par value before maturity.
They are frequently present in municipal and corporate bonds. When market interest rates fall below the bond's interest rate, the issuer may decide to call the bond. By paying off the bond and issuing a new bond with a reduced interest rate, the issuer will be able to save money. According to the call provision, if the bonds are called, the corporation is required to pay the bondholders more than their par value.Deferred call provisions prevent the issuer from calling all or a portion of the bond issue for a number of years in the early years of the bond issuance.
to learn more about Bond contract, click the links
https://brainly.com/question/24233531
#SPJ4
Kenda needs her manager to review the memo she wrote so that she can send it out to her clients before the end of the day. what's the best way for kendra to end her email to her manager? question 1 options: a.please review the memo for any spelling or grammatical errors. b.here's the memo i want to send clients today. c.please review the memo and let me know if you have any changes by 3 p.m. today. d.do you think this looks ok?
The BEST way for Kendra to end her email to her manager is option A: Please review the memo and let me know if you have any changes by 3 p.m. today.
What do you mean of review?A review is an opinion or analysis of something's quality. Review can also refer to going through a subject again as part of a study session or returning to something.
Note that when used as a noun and a verb, review has numerous additional meanings. A review is a critique of something, telling both its strengths as well as weaknesses.
Therefore, a book memo is an analysis of the book, or a review. A review, which is more than just a summary, presents an argument.
Learn more about memo from
https://brainly.com/question/11736904
#SPJ1
Erin works at a financial institution. She has offered a housing loan to a customer. While carrying out the transaction, which legal responsibility should she address?
While carrying out the transaction, the legal responsibility which Erin should address is: D. ensure that she credits the loan amount accurately to the customer's account.
What is a loan?A loan simply refers to an amount of money that is being borrowed by a borrower (customer) from a bank or other financial institutions (lender), and it is legally expected to be paid back by a borrower to the lender at a specific period of time with an agreed interest.
In this scenario, Erin being an accounting official (employee) of this financial institution is saddled with the legal responsibility of ensuring that she accurately credits the amount of money borrowed (loan) to the account of this borrower (customer).
Read more on loan here: https://brainly.com/question/14405986
#SPJ1
Complete Question:
Erin works at a financial Institution. She has offered a housing loan to a customer. While carrying out the transaction, which legal responsibility should she address?
A. arrange an informal meeting with the customer
B. organize a success party for the department
C. disclose all confidential Information about the organization to the customer
D. ensure that she credits the loan amount accurately to the customer's account
E show the customer a list of people who defaulted on similar loans
after meeting with the borrowers to complete a loan application, you return to your office and order a tri-merge credit report. now that you have a credit report, what loan disclosure must you now prepare and mail (or give) to them?
The application given is known as Notice to Home Loan Applicant
"In connection with your application for a house loan, the lender must disclose to you the score that a consumer reporting agency gave to users and the lender utilised in connection with your home loan, and the important variables affecting your credit scores." says the notice to the home loan applicant.What is the credit disclosure form for applicants?
In a nutshell, this disclosure contains information on the applicant's credit score, the range of potential scores, significant factors that negatively impacted the applicant's credit score, the date the score was delivered, and the name of the person or organisation that gave the score.
to learn more about loan application, click the links
https://brainly.com/question/13336630
#SPJ4
My business is a pharmacy, what if I compare my pharmacy to a regular store that owns medicines but doesn't work the same as a pharmacy.
And describe how it similar to my pharmacy
state how these two trends have affected and impacted this start-up business.
Answer:
Explanation:
To remain competitive in providing premium healthcare services amid increasing competition, pharmacies must recognize and respond to certain changes likely to influence their market. Look for the following key trends that will define the market over the coming year and beyond.
These trends are classified as consumer-related and industry trends and are not new. They have emerged over a long period and will continue for the foreseeable future.
Consumer-related trends:
Rising expectations
Ageing population
Increase in chronic diseases
Consumerization-Consumers increasingly want to be involved in making decisions about their healthcare.
what u should do:
Engage and empower consumers. Educate them, provide information, coach them, and give patients choices and control.
Adoption/use of technology-Consumers of all ages increasingly uses technology in their daily lives.
Industry trends:
Reimbursement/margins
Consolidation
Preferred networks
Speciality drugs
Labour market
Staying competitive in today’s market requires understanding the major trends shaping the industry. Understanding these trends then means developing clinical, financial and marketing strategies to stay ahead of the curve and to differentiate your pharmacy.
adding
environmental trends
the pharmaceutical industry has begun to notice the detrimental impact pharma products have on the environment on a global scale.
Pharmaceutical products enter the environment at various stages of their life cycle, particularly during the production phase. One of the main threats is that discharging antibiotics into the environment can promote the natural development of antibiotic-resistant pathogens that are harder to treat.pharma pollution more directly and seriously affects those living near production plants whose water and food sources are contaminated with waste pharma products.The pollution of pharma products into the environment also adversely affects animals, particularly fish living in contaminated water. For example, a report published in the science journal Nature in 2009 noted that ‘many of Europe’s rivers are home to male fish that are ‘intersex’ and so display female sexual characteristics, including female reproductive anatomy. Some males also produce vitellogenin, a protein normally found in eggs that can be induced in males by hormone exposure’.social trends
There is an immediate need for pharmaceutical companies to regard the social environment as the key strategic issue in long-range planning due to the pervasiveness of social influence. Through perceptions of need, society can influence resource allocation and exercise public control over most facets of innovation, production, distribution and marketing of drugs and the funds available by controlling prices and profits. Unfortunately, a recent attitude study on the future of the multinational pharmaceutical industry indicates that a low level of impact is accorded to the Social Environment.The Social Environment of the future can only be evaluated successfully by utilizing effective social forecasting techniques.Unless the Social Environment is regarded as the central strategy issue and effective social forecasting techniques are adopted there is a very real danger that a socially and economically valuable industry will be progressively less able to meet its commitment to contribute effectively to the future well-being of society.which of the following statements is false? group of answer choices mortgage interest on a primary residence is fully deductible for new mortgages up to $750,000 points paid on a new mortgage are fully deductible in the year incurred points paid on a refinancing are fully deductible in the year incurred in most cases, interest on a home equity loan is fully deductible in the year incurred if the proceeds are used to improve the property
The false statement is- Points paid on a refinancing are fully deductible
in the year incurred.
Refinancing is the process of swapping out an existing debt obligation for a new one with a new term and cost of borrowing. Based on a variety of economic factors including risk inherent, anticipated risk, political and economic stability of a country, currency stability, financial regulations, borrower's credit ratings, and country's credit score, the conditions and terms of refinancing may vary markedly by nation, provincial capital, or state. Mortgages on primary residences and vehicle loan are two typical forms of refinancing in many developed countries.
Borrowers usually decide for refinancing when there is substantial change in economic environment.
The complete question is here:
Which of the following statements is FALSE?
(a) Mortgage interest on a primary residence is
fully deductible for mortgages up to $750,000.
(b) Points paid on a new mortgage are fully deductible
in the year incurred.
(c) Points paid on a refinancing are fully deductible
in the year incurred.
(d) In most cases, interest on a home equity loan
is fully deductible in the year incurred.
Learn more about refinancing here:
https://brainly.com/question/28222762
#SPJ4
in the long run, monopolistically competitive firms tend to experience: a zero economic profits. b allocative efficiency. c diseconomies of scale. d negative economic profits. e high economic profits.
Option (A) is the best choice. Monopolistically competitive businesses typically end up with no economic profits over time.
What transpires to monopolistic competition over time?
Long-term economic gains or losses in monopolistic competition will be removed by entry or leave, leaving firms with no economic gains. There will be some excess capacity in a monopolistically competitive business; this could be seen as the price paid for the variety of products that this market structure brings about.
Since average revenue equals average cost, monopolistic competition results in long-term losses for businesses. Companies in monopolistic competition are unable to control the market pricing that would enable them to enhance their profits due to the plenty of sellers and the freedom of entry and departure for businesses.
Learn more about monopolistic competition: https://brainly.com/question/28189773
#SPJ1