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Behavioural economics – Monopoly, patents and loss of consumer surplus regarding pharmaceutical companies The intuition of monopoly and of patents as a ‘temporary monopoly’ for drug companies to make their profits back Discuss the inefficiency of monopoly in terms of loss of consumer surplus by using a diagram in order […]

Topic: Effective preventions and measures to eliminate ISIS/Daesh Order Description Policy Brief (Project): I have been hired as a consultant or advisor and have been asked to provide/present a document that outlines the importance of choosing a particular policy alternative or course of action in a current policy debate. The […]

Binonomial Distribution As a quality engineer working on the Rangdo production line, you have determined that the probability of producing a defective part is 6%. You want to develop a plan to monitor the quality of this line. Your idea is to take a sample of 20 parts every hour […]

Sales Metrics Assignment Complete each of the questions below and submit your answers for grading. Point form answers are preferred. Refer to the information in Lecture 3 for help completing these questions. Students can submit the answers in Word, Excel, or through scanned hand – written responses (do NOT submit […]