Pharmaceutical Industry: Discuss the pharmaceutical industry by
addressing some (or all) of the following: The difference between
prescription, generic, and over-the-counter (OTC) drugs. Regulation
of the pharmaceutical industry; does it protect our citizens?
Analyze the cost differences among similar drugs. Evaluate several
ways that pharmaceuticals are marketed. How does Medicare and the
ACA treat prescription coverage access?
The
pharmaceutical industry involves inherent risks. The drugs
developed by corporations in the industry may not be as effective
as research indicated and over time may produce unexpected,
unintended, and serious side effects. How can pharmaceutical
corporations use risk avoidance, risk reduction, risk transference,
and risk retention in managing these risks?
what are the market growth rates for the Retail pharmaceutical
industry from 2015-2019 in the US? Please describe whether they are
positive or negative.
What strategies the pharmaceutical industry is using
to create pressure on doctors to prescribe certain medications. How
is it influencing the doctor-patient relationship? Please discuss
and relate it to the theoretical models discussed in
class.
Please answer in microsoft word
For the the pharmaceutical industry analyze the
industry/firm’s PPF model, the circular flow model, and the
Demand-Supply model.(mainly PPF model, circular flow model, demand
supply model, however if possible any other model that best suites
the pharmaceutical industry)
The variance in drug weights is critical in the pharmaceutical
industry. For a specific drug, with weights measured in grams, a
sample of 20 units provided a sample variance of s^2 = 0.49.
a) construct a 90% confidence interval estimate for
the population variance
b) construct a 90% confidence interval estimate of the
population standard deviation