The Problem of Superbugs,which Are Bacteria That Resist All Available

question 291

Multiple Choice

The problem of superbugs,which are bacteria that resist all available forms of antibiotics,is becoming a serious challenge for doctors.Developing new antibiotics is very costly.Can a monopoly be good for the society in this regard?

• A) Yes, because innovation is more likely in a monopoly.
• B) No, because the price of the antibiotic will increase in a monopoly.
• C) No, because the firms in a competitive market invest more in research and development to remain competitive.
• D) Yes, because there will be smaller deadweight loss in the market.

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Definitions:

Team Building

The process of enhancing social relations within a group, defining roles, and improving the team's performance through various activities and strategies.

Cross-Functional Teams

Teams composed of members from different departments within an organization, working together towards a common goal.

Creative Solutions

Innovative and effective responses or approaches devised to solve problems or overcome challenges.

Self-Managing Teams

Groups of employees tasked with planning, coordination, and managing their own activities without the direct supervision of a manager.