Which of the Following Is True Concerning Generic and Trade

question 32

Multiple Choice

Which of the following is true concerning generic and trade names of drugs?

• A)A drug may only have one generic name and one trade name.
• B)A drug may only have one generic name,but it may have several trade names.
• C)A drug may have several generic names,but it may only have one trade name.
• D)A drug may have several generic names and several trade names.

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Definitions:

Labor Market

The demand and supply of labor, in which individuals look for jobs and employers search for employees.

Deadweight Loss

When a good or service fails to reach or cannot reach its market balance, an economic inefficiency occurs.

Maximize Loss

The strategic or accidental pursuit of actions that result in the largest possible financial loss, often used in theoretical analyses.

Deadweight Loss

The occurrence of reduced economic efficiency when a good or service's free market equilibrium is unmet.