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Question: A start-up venture owns the rights to new technology for a coated stent. The company is about to begin animal trials that could lead to FDA approval of the use of the stent in humans. The company could conduct those trials in two different ways (for coronary applications and for neurological applications) at some individual cost over just coronary applications. That would allow the company the option, later in the FDA process, to split the technology and go forward with two separate stents, to proceed with either of the two separate stents, or to proceed with a stent that could be used in both applications (and thus a lower likelihood of approval). If the option were taken later to split into two separate stents, each stent would have independent paths to approval. Structure how the company should think about the worth of pursuing the early studies for both applications.
for most firms today success or failure is determined by the ability to find attract keep develop and tap into the most
The article, "Why Are Trade Barriers So Low?," contests the recent political economy literature, which suggests tariff rates should be high, by pointing out that tariffs are relatively low in developed countries.
Assume the cost of shipping one pound of an item per mile is $0.02 or 2 cents. If the weights of items each store must receive per week are given by the row vector W = [10,000 25,000 15,000 30,000 20,000], rank the warehouses in terms of cost..
alpha and beta companies can borrow at the following
What do you understand by concept "political legitimacy?" Describe in some detail with examples. Describe the Max Weber's types of authority in your own words. Provide some details about each along with examples.
Define the barriers to entry into an industry. Describe how each barrier can foster either monopoly or oligopoly. Which barriers, if any, do you feel give rise to monopoly that is socially justifiable?
Describe the qualitative variable summarized in the table. Give the categories associated with the variable. Are the numbers in the table frequencies or relative frequencies?
Discuss a situation you have been in where you felt you were passed over for a promotion, made to feel indifferent, or were discriminated against. Compare and contrast your story with Kate's.
recent increases in rents have caused the citizens of elmville to vote for a rent ceiling of 1200. assuming all rental
What pivotal change do the authors make to the Solow model and how does this change impact the Solow model's predictions?
Identify the choice that best completes the statement or answers the question and table shows a game played between two players, A and B. The payoffs in the table are shown as (Payoff to A, Payoff to B).
Suppose that two economies share a common steady state so that there is convergence between them. The poorer country closes 2% of the income gap between them each year.
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