Which of the Following Is True About Generic Drugs

question 6

Multiple Choice

Which of the following is true about generic drugs?

• A)They contain the same active ingredients as brand name drugs.
• B)They are made with equal quality ingredients.
• C)They have been prescribed less in the past five years than previously.
• D)All drugs are available in generic form.

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Definitions:

Market Wage Rate

The prevailing rate of pay for specific jobs in the labor market, typically influenced by supply and demand.

Wage Rate

The amount of remuneration offered to labor for their service per unit time.

Bushel of Corn

A standard measure, equal to 56 pounds in the U.S., used for volumes of dry commodities such as corn.

Profits

The financial gains obtained when the revenues from a business activity exceed the expenses, costs, and taxes needed to sustain the activity.