Examlex
The FDA only allows physicians to prescribe FDA-approved drugs that are already on the market.
Economic Choice
Economic choice involves making decisions on the allocation of scarce resources among competing needs or desires to maximize benefits and utility.
Competitive Behavior
Actions taken by companies aimed at gaining an advantage over their rivals in the market, often through price adjustments, product innovations, and marketing strategies.
Marginal Cost
The added cost of producing one additional unit of a product or service.
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