More than half of all prescriptions are filled with generic drugs, driven by the Hatch-Waxman Act which facilitated the growth of the generic drug industry. As a result, generic drugs offer a more affordable alternative for consumers, with significant cost differences compared to brand-name drugs.
The pharmaceutical industry sees sales well over $100 billion a year, with more than half of all prescriptions being filled with generic drugs. Generic drugs are cost-effective alternatives to more expensive brand-name medications. After the Drug Competition and Patent Term Restoration Act of 1984, also known as the Hatch-Waxman Act, the generic drug industry expanded significantly.
By 2006, generics accounted for over half of the industry, with U.S. sales surging from $15 billion in 2002 to $192 billion in 2006. Furthermore, while a branded prescription cost approximately $111.02, a generic prescription was priced at about $32.23 on average.
The rise of generics has not only influenced market dynamics but has also benefited consumers by providing more affordable medication options. Generic prescriptions are now an essential component of healthcare, underscoring the significant role of the Hatch-Waxman Act in promoting competition and accessibility in the pharmaceutical industry.
Why was it profitable for gm and ford to integrate backward into component-parts manufacturing in the past, and why are both companies now buying more of their parts from outside suppliers?
It was more profitable for gm and ford to integrate backward into component-parts manufacturing in the past because manufacturing costs less than if materials are purchased from the suppliers and both companies are now buying more of their parts from outside suppliers because it was more skillful to purchase raw materials, and then change them into operational parts, and use them to create a final product.
Brandon steals Frank’s watch. Brandon is caught by the police. What kind of court will this matter be tried in? a. Civil court b. Criminal court c. Appellate court d. Kangaroo court
Brandon steals Frank’s watch. Brandon is caught by the police. Criminal court will this matter be tried in. Thus, option (b) is correct.
What is court?The term court refers to the hiring of the cases of the criminal, civil, and financial scandal matter in the justice of the victim and the punishment of the criminal. The court was the solved the dispute. There are the different types of the court are the district court, supreme court and the higher court.
The term crime refers to the illegal activity. The crime is not allowed to the country, if any person is committing the crime are going the Criminal court. The legal punishable by the state in case of crime. The punishment is set according to the different crime. For example, a Brandon steals Frank’s watch are the police case on the criminal court was the provided the justice.
As a result, the Brandon steals Frank’s watch. Brandon is caught by the police. Criminal court will this matter be tried in. Therefore, option (b) is correct.
Learn more about on court, here;
https://brainly.com/question/13375489
#SPJ2
Corn is a perfectly competitive commodity. in the marketplace, the demand curve for corn is:
In the context of intellectual property, _____ is registering, selling, or using a domain name to profit from someone else's trademark.
The answer is Cybersquatting. Cybersquatting is an act of felony. It includes registering, selling or using a domain name to gain income from another person’s attribute. It sometimes include purchasing domains, which comprises of the names of current industries and then selling the domain for income.
Firms using a _____ try to appeal to everyone and assume that all buyers have similar needs and wants.
When asked to recall the date of john kennedy's assassination, peter draws a blank; however, when asked whether it was october 24, 1962, november 22, 1963, or february 1, 1965, he correctly answers with the second of the choices. this example most clearly demonstrates the value of ______?
A company manufactures and sells blank audio cassette tapes. the weekly fixed cost is $4,000 ad it costs $1.00 to produce each tape. the selling price is $5 per tape. how many tapes must be produced and sold each week for the company to have profit
List any additional information which will help in determining your professional qualifications for a position.
Final answer:
Provide guidance on highlighting qualifications and past achievements in detail to showcase capabilities for a job position.
Explanation:
Certainly, here are some points that can help in determining my professional qualifications for a position:
Project Portfolio: A concise summary of key projects I've successfully completed, highlighting the outcomes achieved and my role in each project.
Technical Proficiency: A list of specific tools, software, programming languages, or technical skills I possess, relevant to the position.
Leadership Experience: Examples of leadership roles I've held, such as team leader, project manager, or mentor, demonstrating my ability to lead and motivate others.
Industry Knowledge: An overview of my understanding of industry trends, regulations, and best practices, showcasing my ability to adapt and contribute effectively.
Problem-Solving Abilities: Brief anecdotes or examples illustrating my approach to solving complex problems or overcoming challenges in previous roles, highlighting my analytical and critical thinking skills.
Would you take a job with a high salary and few benefits? Discuss the advantages and disadvantages.
please hurry!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
To me it would rely upon which advantages I would accept the position however in the event that I don’t get those advantages, at that point no in such a case that I get injured while working then what’s the point I rather get a low paying with advantages.
Further Explanation:
Difficult jobs deserve high salary:
On the off chance that it's only a physically troublesome activity or tedious or needs a ton of manual intercession it may not consequently merit a more significant compensation. It's a well established truth the lower unit representatives consistently procure less despite the fact that they work much more than their bosses.
Benefits add to your salary:
Advantages joined are worth around 30 percent of your complete remuneration bundle, as per the U.S. Division of Labor. They cost businesses a normal of$8.81 every hour worked in December 2008. Assume you're offered a yearly compensation of $50,000.
Benefits just as important as a good salary:
Advantages are costly for an organization, and offering things like protection or childcare speaks to a genuine exertion to give a decent encounter to representatives. That is a good predictor for your general involvement. Research demonstrates that work commitment and fulfillment increment with better advantages.
Salary benefits:
Representative advantages and (particularly in British English) benefits in kind (additionally called incidental advantages, perquisites, or advantages) incorporate different sorts of non-wage pay gave to workers not withstanding their typical wages or pay rates.
Subject: business
Level: High School
Keywords: Difficult jobs deserve high salary, Benefits add to your salary, Benefits just as important as a good salary, Salary benefits.
Related links:
Learn more about evolution on
https://brainly.com/question/9742710
https://brainly.com/question/1728789
The question which asks If one would take a job with a high salary and few benefits has one answer which is:
No, I would not take a job with high salary and few benefitsA job is one where a person is contractually appointed to perform some tasks and is paid at some agreed time interval.
A high salary job is a good incentive because this shows that the employee is being taken care of and that the job which he is doing is important to the company.
However, if there are few benefits that does not include:
Work related injuries paymentWardrobe allowancePaid leavePension and Gratuity, etcThen the job is not worth taking.
Read more here:
https://brainly.com/question/9286598
A borrower asks the notary signing agent for the contact information for the closing agent and the lender's representative. the notary signing agent should respond by:
What factor primarily explains how a particular region develops the external economies that support an industry?
The notion that "turmoil and external recklessness" are inevitable components of adolescence is:
Sam is a hacker who makes money by stealing and selling credit cards. he has targeted the employees of a local firm and is looking for details such as names, addresses, dates of birth, social security numbers, credit card numbers, or health records. in this case, sam is looking for _____
Base on Sam’s behavior, he is likely looking for personally identifiable information. This is a type of information in which has the contact, location or identity of a specific person in a way to identify a person and this is probably the information that Sam is looking for base on the details he provided.
Desiring to purchase a book and finding that it is out of stock is an example of a(n) ________.
According to expectancy theory, the three primary elements that determine how willing an employee is to work hard at tasks important to an organization are
which section of the economy makes up the majority of spending on goods and services
Within organizations, leaders are needed to ________ and managers are needed to ________.
Two investments were made totaling $15000. for a certain year these investments yielded $1432 in simple interest. part of the $15000 was invested at 9% and part at 10%. find the amount invested at each rate
Some operations have been performed without using anesthesia. how is this possible
If your expenses are greater than your income you need to
If the consumer price index changes from 125 in september to 150 in october, what is the rate of inflation?.
If comparing sonata form structure to the wizard of oz, which character can be likened to a theme from a secondary key area that reappears later in the tonic
Peavey enterprises purchased a depreciable asset for $28,500 on april 1, year 1. the asset will be depreciated using the straight-line method over its four-year useful life. assuming the asset's salvage value is $3,300, what will be the amount of accumulated depreciation on this asset on december 31, year 3? $6,300 $25,200 $5,250 $21,000 $17,325
To calculate the accumulated depreciation on the asset, subtract the salvage value from the purchase cost to find the depreciable cost which will be $18,900.
Explanation:To calculate the accumulated depreciation on the asset, we need to determine the annual depreciation expense and then calculate the total depreciation over the three-year period.
First, we need to find the depreciable cost of the asset, which is the purchase cost minus the salvage value. In this case, it would be -
= $28,500 - $3,300
= $25,200.
Next, we divide the depreciable cost by the useful life of the asset to find the annual depreciation expense:
= $25,200 / 4
= $6,300.
Finally, we multiply the annual depreciation expense by the number of years (3 years in this case) to get the accumulated depreciation: $6,300 * 3 = $18,900.
Learn more about Depreciation here:https://brainly.com/question/17827672
#SPJ6
As an employee, list three ways you can take personal responsibility for quality at work.
Final answer:
Taking personal responsibility for quality at work involves acknowledging responsibility for choices and outcomes, exhibiting proactive behavior, and responding constructively to feedback.
Explanation:
Employees taking personal responsibility for quality at work is crucial for maintaining high standards and achieving organizational success. Here are three ways to do this:
Acknowledge Responsibility for Your Choices and Outcomes: Understand that the choices you make are yours alone and that you cannot blame others for them. This means accepting accountability for the processes and results you are tasked with.Exhibit proactive behavior: Before rushing to alert your manager to a problem, consider if it's something you can solve on your own. Proactiveness and independent problem solving are valuable attributes in today's workplace. Also, regularly seek out ways to contribute to your team and the organization's goals.Respond Constructively to Feedback: When feedback is given, respond professionally rather than defensively. If a mistake is made, own up to it without making excuses, apologize, and take corrective action when possible. Additionally, participating actively in quality improvement initiatives can demonstrate your commitment to quality.Accepting and forgiving mistakes, considering your responsibility to the team, and seeking clarification and guidance are also part of maintaining a productive and ethical work environment.
Should the united states drill for oil in alaska's wilderness dbq answers
Final answer:
The debate over oil drilling in Alaska involves environmental, cultural, and economic factors, with different indigenous groups holding contrasting views. Energy development policies could include financial incentives and regulatory modifications.
Explanation:
The debate over whether the United States should drill for oil in Alaska's wilderness encompasses a complex interplay of environmental conservation, energy independence, the rights of indigenous peoples, and economic considerations. In the 1970s, the discovery of vast oil reserves led to the construction of the Alaska Pipeline with numerous safeguards for the environment. Yet controversies persist, especially concerning the Arctic National Wildlife Refuge where indigenous groups like the Gwich'in fear the loss of their cultural heritage due to potential drilling, while others, such as the Inupiat Eskimo, could economically benefit from it.
Oil drilling in the NPRA and potential exploration in the Arctic Refuge highlight the ongoing energy versus environment debate. As for encouraging energy development, the government could implement policies like tax incentives, streamlined regulatory processes, and direct subsidies to promote drilling and pipeline construction.
Kali contracts to sell leony her car for $3,000. this contract will be fullydischarged when kali and leony
In the free market what do rising and falling interest rates indicate
The rising and falling interest rates of the commodities and investments of the free markets are a sign of the fluctuating economic necessity of the players to keep their businesses afloat. This can be influenced as well by other factors, usually socio-political.
Final answer:
Rising and falling interest rates in the free market indicate changes in economic activity and inflation, with higher rates typically signaling economic overheating and lower rates suggesting economic stimulus. These rates are influenced by the federal funds rate and the market forces of supply and demand for loanable funds.
Explanation:
In the free market, rising and falling interest rates serve as indicators of the economic landscape, being influenced by monetary policy and market forces of supply and demand. When the federal funds rate changes, it affects the entire spectrum of interest rates, although the change is less pronounced for long-term loans compared to short-duration loans. The central bank may adjust the federal funds rate to manage inflation, using higher rates to cool down an overheating economy or lowering rates to stimulate economic activity.
However, actual interest rates on loans for businesses or consumers vary due to multiple factors, including the riskiness of the loan, its duration, and administrative costs. But in general terms, when there is an expectation of high economic growth or inflation, demand for capital increases, driving up the interest rates. Conversely, when economic activity is slow or inflation is low, there's less demand for loans, thus leading to lower interest rates.
These fluctuations in interest rates affect consumers' and businesses' borrowing practices: higher interest rates discourage borrowing and spending, while lower rates encourage it. This dynamic plays a critical role in how monetary policy aims to achieve its objectives of maintaining stable prices and fostering optimal economic growth.
Professional golfers must earn a right to compete on the pga tour annually. how do professional golfers qualify for the pga tour?
From her sales income, barbara has subtracted cost of goods sold, operating expenses, interest expense, and taxes. what she has left is her company's _____ income
Positive steps used to reach your outcome goals are setting what kind of goal