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In the HIV drug market, Gilead leads the way. Its products Truvada have sales of $3.1 billion. Stribild ($205 million), Complera ($800 million), Viread ($958 million), and Antripla ($3.6 billion). Note that 2 of these drugs are joint ventures. Compiler is a joint venture with Johnson & Johnson. Johnson & Johnson’s other HIV products are Prezista ($1.7 billion) and Intelence ($0.3 billion). The other Gilead joint venture is Antripla where proceeds are shared with Bristol-Myers. The other Bristol-Myers HIV drugs are Sustiva ($2.4 billion) and Reyatac ($2.3 billion) Note: for joint ventures assume revenue is divided 50-50. Solve for the HH Index in the HIV drug industry. Show your solution.
An individual’s demand for physician office visits per year is Q = 10 (1/20)P, where P is the price of an office visit. The marginal cost of producing an office visit is $120. (a) Individuals pay full price for obtaining medical services, how many of..
Discuss what a manufacturer of each product might do in the short run to increase production. Illustrate how does the long run differ for these products.
Suppose that they are thinking of each specializing completely in the area in which they have a comparative advantage, and then trading at a rate of 2.5 pounds of potatoes for 1 chicken, would they each be better off
Assume which Sweden also Portugal both produce oil also stained glass. Sweden's opportunity cost of producing a pane of stained glass is 8 barrels of oil.
What are the major institutional changes that take place with economic development? Are these institutional changes causes or mere correlations of growth? Or is growth a cause of institutional change?
Many professional sports athletes have incentive clauses in their contracts. These indicate tha: a) the team owner has asymmetric information b) the athlete might engage in moral hazard, which the team owner wishes to avoid. c)the athlete might engag..
A storm destroys half the fava bean crop. Is this event more likely to hurt fava bean farmers if the demand for fava beans is very elastic or very inelastic?
q.the kentucky derby is held the first saturday in may at churchill downs in louisville kentucky. the race track is one
At the beginning of the year, an audio engineer quit his job and gave up a salary of $ 175,000 per year in order to start his own business, Sound Devices, Inc. What are the total explicit, total implicit, and total economic costs in 2011? What is acc..
Using two-part pricing , what will be the entry (membership) fee? What will be the per-unit fee? Compute the profit earned from a typical consumer with two-part pricing. Hint: same as perfect price discrimination profit.
Chemical process that converts hydrogen and oxygen into electricity and waste heat Oxygen from atmosphere, hydrogen from gas, solid hydrogen storage, or from hydrocarbon fuel Produce few emissions. How do we pick best energy alternative.
Their banks are holding back credit so it is harder for businesses to invest and for consumers to spend
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