Whether something should be done to reign in drug spending

Assignment Help Microeconomics
Reference no: EM13220759

As Malcolm Gladwell points out in his article "High Prices," increases in drug spending are more the result of increases in drug utilization then in increases in drug prices. Why is this relevant to the debate over whether something should be done to reign in drug spending?

Reference no: EM13220759

Questions Cloud

World population council : You have been asked to prepare a presentation to present at the next meeting of the World Population Council on why fertility rates in developing nations remain significantly higher than fertility rates in developed nations
What is maximum drug developer should be willing to invest : Suppose a drug developer just received a patent on a new chemical compound, which could be used in developing a new drug to control cholesterol. The developer knows (with certainty) that it could successfully develop the compound into a safe.
Prepare a speech for the annual convention : You have been asked to prepare a speech for the annual convention of Citizens for a Greener Planet, a national environmental group, on the idea of sustainable development. Since many of your listeners are not scientists, you want to use examples that..
How it is done in the dod : In your own words, what do you think acquisition management is and what are your impressions on how it is done in the DoD?
Whether something should be done to reign in drug spending : As Malcolm Gladwell points out in his article "High Prices," increases in drug spending are more the result of increases in drug utilization then in increases in drug prices. Why is this relevant to the debate over whether something should be done..
Why does nestle have multiple facilities in a single country : Where in Europe, Africa, and Asia does Nestlé have operations? How many factories do they have in Spain and Thailand? Why does Nestlé have multiple facilities in a single country?
Explains how technology has affected the communication : Explains how technology has affected the communication capabilities of specialized databases in the criminal justice system
What factors should the court consider : Omega's products, Omega and Pete's Digital Products file suits against each other, alleging that each is in violation of the franchise relationship. To decide this issue, what factors should the court consider? How might the parties have avoided t..
Explain system failure to better capitalize on opportunities : Describe the opportunities that might be available through better use of information technology (IT) in the U.S. health care system. What might explain the system's failure to better capitalize on these opportunities

Reviews

Write a Review

 

Microeconomics Questions & Answers

  Impact of a decrease in the price of memory chips

The impact of a decrease in the price of memory chips on the market for computers and impact of the government imposing a price ceiling on apartment rents

  Determine net interest payments

Organize the above data into the appropriate categories for the current and capital accounts; determine the current account balance, the capital account balance, and the official settlements account balance.

  Explain the impacts of an expansionary fiscal policy

Explain the impacts of an expansionary fiscal policy such as a tax cut on the levels GDP, Consumption, Investment, interest rate and unemployment and price.

  Determining average sales and equilibrium

Ajax, Inc. has appointed you to examine the demand for its line of telecommunications devices in 35 different market areas.

  Is energy efficiency the same thing as economic efficiency

Is energy efficiency the same thing as economic efficiency and under what circumstances would the energy-efficient automobile described here be economical efficient?

  Who gets recognized for uncovering problems

The manager of a corporate division faces the possibility of an audit every year. She preferes to spend time preparing if she will be audited; otherwise, she would prefer to invest her time elsewhere. The auditor, who gets recognized for uncover..

  Determining breakeven output-total sales revenue

Find out the breakeven output and total sales revenues. Estimate the output that would generate total profit of 60,000 and total sales revenue at that output level.

  Define potential effects of monetary policy recommdation

BASED ON YOUR RESEARCH AND ANALYSIS, DETERMINE THE MONETARY POLICY ACTION YOU THINK SHOULD BE UNDERTAKEN. DETAIL THE MONETARY POLICY RECOMMENDATION YOU MAKE AT THE NEXT FEDERAL OPEN MARKET COMMITTEE MEETING.

  What would be your first actions before offering advice

the president and chief executive officer of a family owned manufacturing firm with assets of $45 million. The company articles of incorporation and state law place no restrictions on the sale stock to outsiders. An unexpected opportunity to expan..

  Illustrate the ranges on the demand curve

With respect to price elasticity of demand, create a graph using the information in figure 1. Illustrate the ranges on demand curve that indicate elastic, inelastic, and unitary elasticity.

  Explain the effect of a decrease in aggregate demand

Assume that keynesian model applies to the economy in the short-run. After the stock market fell sharply in 2008, the aggregate denabd decreased greatly around the world. using the aggregate supply and aggregate supply (ad-as) analysis, explain th..

  How might this policy be exasperating the recession

According to theory, if you lower interest rates, business investments and consumer purchases of large durable goods are supposed to increase. In return, this is to help pull us out of a recession. However, this policy of extraordinarily low inter..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd