Define the terms-safety and efficacy

Assignment Help Microeconomics
Reference no: EM131635417

Question: To ensure safety and efficacy, the Food and Drug Administration regulates the medicines that are allowed to be sold in the United States. Sometimes this means a drug must be tested for years before it is allowed to reach the market. The winners in this system are easily identifiable as those who are protected from unsafe drugs that might otherwise harm them. Who are the more anonymous losers who suffer from strict medical regulations?

Reference no: EM131635417

Questions Cloud

Time-induced unstable emulsions : What Rheology Properties do Stable Emulsions and Time-induced Unstable emulsions have?
Explain the marketplace fairness act : Special interests do not oppose regulations in all cases. The Marketplace Fairness Act of 2013 would require online merchants to collect sales taxes.
Assess the security concerns with regard to the transmission : Assess the security concerns with regard to the transmission of personal medical information over wireless networks.
Discuss predict exercise adoption among older women : A researcher undertook an analysis to predict exercise adoption among older women. The researchers first entered information about the participants' age
Define the terms-safety and efficacy : To ensure safety and efficacy, the Food and Drug Administration regulates the medicines that are allowed to be sold in the United States.
How long does it take the tortoise to catch the bunny : The passes a sleeping tortoise, which immediately starts to chase the bunny with a constant acceleration of 3.9 x 10-3 m/s-2.
Solar flux at the earth surface : How much energy is incident from the sun per year (in EJ)? The solar flux at the earth's surface is 1 kW/m2 and one can approximate the earth as a sphere.
Solving problem related to the protest : Occupy Wall Street was a national (and later global) organized protest against the greed, bank profits, and financial corruption that led to the 2008-2009.
How were sparta and athens alike : How were Sparta and Athens alike? How were they different? Be sure to include details about how the city you are visiting and how it compares to your city

Reviews

Write a Review

Microeconomics Questions & Answers

  Businessweek recently declared

BusinessWeek recently declared

  Direct costs and opportunity costs are different

Explain how marginal costs, direct costs and opportunity costs are different. Use an example from your personal life to illustrate each concept.

  What are the degrees of freedom for the anova f statistic

To compare the mean scores across classes, what are the degrees of freedom for the ANOVA F statistic? The MSG = 11.806. If sp = 2.16, what is the F statistic?

  If other firms in industry sell pcs at 300 find price and

you are the manager of college computers a manufacturer of customized computers that meet the specifications required

  A competitive o¨rm produces nonnegative output quantities z

A competitive O¨rm produces nonnegative output quantities z

  What are the mean earnings of males and females in sample

What are the mean earnings of males and females in this sample? Does the regression result support the claim in the news?

  How do the company connect and interact with their customers

How do this company connect and interact with their customers online? Are those communication tools and customer service strategies effective?

  Why does not us simply restrict all goods coming in from

assume that you have been appointed as the speaker of the house. you must deliver a speech about the current state of

  During the energy crisis of the 1970s and again in the last

during the energy crisis of the 1970s and again in the last 5 years congress bemoaned the price gouging and windfall

  What would occur to four-firm concentration ratio and to

suppose that a small town has seven burger shops whose respective shares of the local hamburger market are as

  Analyze the role of credit in our economy

Analyze the role of credit in our economy and how it influences the business cycle. In your answer, explain how the role of credit leads to the stability of our economy.

  What rate of interest did company earn on interest basis

Determine the breakeven number of visitors per year for the two rides to have equal annual costs - Develop a breakeven grap that illustrates - What rate of interest did the company earn on a simple interest basis?

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