In: Economics
1,Tesla motors has been successful (thus far) in introducing several models of all-electric cars. They have taken advantage of which of these forces?
A) Technology Advances
B) Economic Forces
c) Social Trends
D) Political and Regulatory Trends
E) All of the above.
2) UMass Medical School discover a mono-clonal antibody that could prevent rabies from developing after a bite from a rabid animal. Which of these statement is NOT true.
A) This is a great opportunity for pharmaceutical companies in the US.
B) This is a great idea since it is more effective than the existing treatments
C, This treatment is less costly than the existing treatments and would allow more people to be treated at less cost
D) The fact that rabies is endemic in India makes this an important opportunity there.
1. Tesla motors has been successful (thus far) in introducing several models of all-electric cars. They have taken advantage of which of these forces?
Correct choice: A) Technology Advances
Explanation: Tesla motors has successfully taken advantage of the technological advancements that have taken place in developing all-electric cars. Actually, no other major force has been in their favor. Technological prowess is their main strength.
Reasons why other options are incorrect:
The economic forces haven't been much in favor of the automobile industry recently. Social trends also have been mostly in favor of petrol and diesel. Tesla also faced a lot of political issues. In spite of all this, they have managed to develop good cars.
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2) UMass Medical School discover a mono-clonal antibody that could prevent rabies from developing after a bite from a rabid animal. Which of these statement is NOT true.
Correct choice: C) This treatment is less costly than the existing treatments and would allow more people to be treated at less cost
Explanation: This statement is incorrect because mono-clonal antibodies are among the costliest to develop and produce. Hence, it is not necessary that the costs will come down, and that everyone will be treated.
Reasons why other options are incorrect:
The other three statements are true. This development is a good opportunity for pharmaceutical companies, and it is also an effective treatment. It will also help other countries, provided that they can bear the cost.