Shawn McGill is on the executive board for ABC pharmaceuticals. The company produces the number-one-selling cancer-ghting drug on the market. Due to its incredible success, ABC Pharmaceuticals has decided to increase the cost of the
drug from $8 a pill to $15 a pill. Which force is ABC Pharmaceutical using to increase its drug price?
A. Supplier power.
B. Buyer power.
C. Threat of false entrants.
D. Business power.

Answers

Answer 1

Answer:

Answer:

Explanation:

ABC is the producer of the drug, therefore not the buyer.

While they could be concerned about new Entrants, that is not 'a force' nor a mechanism to block new entrants. You might lower price to block new entrants but raising prices will have them seeking alternatives.

Business power is too generic and meaningless of an answer.

Related Questions

Assume that two investment opportunities have identical expected values of $100,000.Investment A has a variance of 25,000, while investment B’s variance is 10,000. Wewould expect most investors (who dislike risk) to prefer investment opportunity:_____.a. investment opportunity because it has less risk.b. investment opportunity because it provides higher potential earnings.c. investment opportunity B because it has less risk. d. investment opportunity B because of its higher potential earnings.
Expenses that are paid in advance are held on the balance sheet until the end of the accounting period when they are transferred to the income statement with accounting adjustments. Select one: True False
Another term for a pre- inspection agreement is
Jill earns a salary of $425.00 per week, plus a commission of 20% on all sales. Last week she sold $1,123 worth of goods. How much was she paid?
The scores you receive on the ACCUPLACER tests determine what?

A low credit score can lead too?

Answers

Answer:

Dept

you can loose errythang

no loans

Explanation:

$\text{Hello There!}$

$\text{A low credit score can lead to a number of things, such as:}$

Low eligibility rates for apartments
High-interest rates
Difficulty applying for credit cards

$\text{And many other issues can arise; which is why it's a good idea to have multiple credit cards.}$

$\rule{300}{0.5}$

On holiday weekends thousands of people picnic in state parks. Some picnic areas become so overcrowded the benefit or value of picnicking diminishes to zero. Suppose that the Minnesota State Park Service institutes a variable fee structure. On weekdays when the picnic areas get little use, the fee is zero. On normal weekends, the fee is $8 per person. On holiday weekends, the fee is $14 per person. The fee system corrects a problem known as the

Answers

Answer:

The fee system corrects a problem known as the Tragedy of the commons.

Explanation:

The tradegy of the commons is an economic theory that states how individuals make use and exploit natural resources to the point of depletion, out of their own self-interests and disregarding the general well-being of society. The term was made popular by biologist Garrett Hardin's scientific publication of the same name in 1968 and references economist William Lloyd when talking about the devastation of pastures in England back in 1832. This example proves that all individuals act on self-interest by contrasting the limited use of private owned pastures to preserve the land and the health of its herd, to the common pasture that was devastated by all herdsmen.

The most common service provided by a real estate agent when selling your home is

Answers

The most common service provided by a real estate agent when selling your home is screening potential buyers.

Read the scenario. The citizens of Country D have noticed that the average prices of most goods within their nation have begun to rise. At the same time, employers are not raising wages at the same rate. The combination of these challenges has resulted in a decrease in overall demand, causing a decline in GDP. According to the scenario, what is the greatest economic challenge that Country D is facing?

Answers

Answer:

Inflation and all are affected

Explanation:

Got it right

Final answer:

Country D is facing the economic challenge of inflation, where rising prices are not matched by wage increases, leading to a decrease in purchasing power and a potential decline in real GDP.

Explanation:

Country D is facing a significant economic challenge known as inflation. This phenomenon is characterized by the average prices of goods rising without a commensurate increase in wages, which decreases purchasing power and overall demand. This can result in a decline in Gross Domestic Product (GDP), which measures the value of output of goods and services. When only nominal GDP increases due to higher price levels, without a real increase in output, the economy isn't actually growing, and it doesn't reflect an increase in the economic well-being of its citizens.

Furthermore, the imbalance between wage growth and price increases may lead to a deceleration in economic activity, potentially indicating the onset of a recession, which is a significant decline in GDP. This economic contraction can be exacerbated by government deficits and related policy responses, such as spending cuts and tax increases that have a contractionary effect on aggregate demand.

Organic Designs is a small, successful chain of stores offering stylish clothes made of all-organic materials for infants, toddlers, and young children. Most of the Organic Designs stores are located in urban areas. Now Organic Designs is considering using direct marketing to reach potential customers who live outside of the company's existing markets. Which of the following methods of direct marketing would likely be most effective in accomplishing this goal?a. direct-mail marketing
b. telephone marketing
c. catalog marketing
d. direct-response television marketing

Answers

Answer: Methods of catalog marketing would likely be most effective in accomplishing this goal of reaching potential customers who live outside of the company's existing markets.

Catalog marketing is know as a method used by business organizations to club several commodities together in a printed piece, in order for them to sell at least one commodity to the consumer.

Hence, the correct option is (c)

David wants to become a fine artist. He sets a goal to complete his first oil painting within two weeks. He meets his goal, but he is unhappy with thequality of the painting. What is the BEST advice to give David?
O A. Learn to accept the quality of your painting the way it is.
OB.
O C.
D.
Set a new goal that will help you improve or refine your results.
Focus on getting a job rather than following a career path.
Go back to your self-assessment and choose a different career goal.

Answers

Set a new goal that Will help you imprime or refine resolts

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