Project #79040 - ECONOMICS

 

Please answer 300 words each APA

 

 

 

  1. Barriers to entry help maintain market power and earn positive economic profits.  These factors apply to all imperfectly competitive firms.  Discuss these barriers are and provide a real-world application of it.

 

 

 

  1. Pharmaceutical companies can expect to earn large profits from blockbuster drugs (for high blood pressure, depression, ulcers, allergies, sexual dysfunction) while under patent protection. What is the source of these profits? Upon patent expiration, numerous rival drug companies offer generic versions of the drug to consumers. (The original developer continues to market the drug under its trade name and usually offer a second generic version as well.) Discuss the effect of patent expiration on market structure, pricing, and profitability for the drug.

 

 

 

Subject Business
Due By (Pacific Time) 08/14/2015 12:00 am
Report DMCA
TutorRating
pallavi

Chat Now!

out of 1971 reviews
More..
amosmm

Chat Now!

out of 766 reviews
More..
PhyzKyd

Chat Now!

out of 1164 reviews
More..
rajdeep77

Chat Now!

out of 721 reviews
More..
sctys

Chat Now!

out of 1600 reviews
More..
sharadgreen

Chat Now!

out of 770 reviews
More..
topnotcher

Chat Now!

out of 766 reviews
More..
XXXIAO

Chat Now!

out of 680 reviews
More..
All Rights Reserved. Copyright by AceMyHW.com - Copyright Policy