All of the Following Are Reasons That Pharmaceutical Companies Have

question 20

Multiple Choice

All of the following are reasons that pharmaceutical companies have higher barriers for entry than grocery stores except:

• A) There is lengthy government testing and approval required.
• B) Research and development is a lengthy and uncertain process.
• C) Patent protection is needed for exclusive rights.
• D) The largest asset is typically capital intensive Property, Plant and Equipment.

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Definitions:

Median

The middle value of a dataset when it is ordered in ascending or descending order.

3rd Quartile

Represents the value below which 75% of the data in a data set is contained, marking the upper quartile of a data set.

Benzophenone

An organic compound used as a photoinitiator and in the manufacture of perfumes, soaps, and other products, known for its benzene ring bonded to a ketone.

Structure

Refers to the manner in which atoms or molecules are arranged or bonded together in a material or molecule.