A New Drug That Has Shown Promise in Curing Skin

question 17

Multiple Choice

A new drug that has shown promise in curing skin cancer has been discovered by a famous chemical laboratory. This is the only known drug effective for treatment of this disease. The laboratory obtains a patent for the product and decides to sell it. This situation is characterized by ________.

• A)low threat of substitutions
• B)high bargaining power of customers
• C)high threat of new entrants
• D)low bargaining power of suppliers

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Definitions:

Tension

A force that stretches material or causes it to be pulled apart.

Columnar Joints

Vertically oriented, hexagonal columns of rock that form as a result of the cooling and contraction of volcanic or igneous rocks.

Internal Strain

The deformation within a material or body due to applied stress or pressure.

Displacement

The movement of a body or object from one position to another, often used in geology to describe the shift in position of rock layers along a fault.