The Weight Loss Drugs Redux and Pondimin (Also Known as Fen-Phen)were

question 58

Multiple Choice

The weight loss drugs Redux and Pondimin (also known as fen-phen) were recalled after FDA approval and widespread use because they were found to

• A)produce drastic ketosis.
• B)damage heart valves.
• C)cause cancer.
• D)damage the gastrointestinal tract.

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Definitions:

Inelastic Portion

Part of the demand curve where the quantity demanded changes minimally in response to price changes.

Marginal Revenue

The additional income gained from selling one more unit of a product or service.

Inelastic Portion

A segment of the demand curve where consumers are relatively unresponsive to price changes, indicating a demand elasticity of less than one.

Marginal Revenue

The additional income earned from selling one more unit of a product or service.