Generic drugs enter the pharmaceutical drug market once
a. the ingredients to the name brand drug have been discovered.
b. 10 years have passed.
c. they are patented.
d. the patent on the name brand drug expires.
d
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If the owner of a local movie theater wanted to increase the theater's total revenue from movie admissions, what should the owner do with ticket prices?
What will be an ideal response?
We go from personal income to personal disposable income by
A) subtracting undistributed profits. B) adding transfer payments. C) subtracting personal income taxes. D) subtracting depreciation. E) subtracting personal saving.
If the fiscal policy makers aim to increase aggregate demand, they will likely enact:
A. expansionary fiscal policy. B. contractionary fiscal policy. C. expansionary monetary policy. D. contractionary monetary policy.
Economics is a study of
A. how to run a business successfully. B. personal finance. C. how to make money in the stock market. D. the allocation of scarce resources.