Multiple choice question and 3 short answered question Term Paper

Multiple choice question and 3 short answered question - Term Paper Example The law of demand states that for a rise (fall) in price, ceteris paribus, the quantity demanded of a good will fall (rise). The instances we saw were changes in factors that determine the quantity demanded at each price, or the demand. Changes in these factors causes changes in demand, while changes in price causes changes in quantity demanded. A change in quantity demanded for every given price constitutes a change in demand. Thus the instances discussed above are not about exhibitions of the law of demand. Rather, they exhibit the effects that changes in factors that influence demands have on quantity demanded at every price. THIS QUESTION DOES NOT MAKE SENSE. IS IT A RISE IN THE PRICE OF RIVAL CARS? OR CARS MANUFACTURED IN OTHER COUNTRIES? AN INCREASE IN THE PRICE OF CARS IN THE FRAMEWORK CONSIDERED IMPLIES AN INCREASE IN THE PRICE OF CARS IN EQUILIBRIUM AND THAT IS TYPICALLY ASSOCIATED WITH AN INCREASE IN DEMANDS OR A FALL IN SUPPLY CAUSED BY SOME UNDERLYING CHANGES IN FACTORS THAT AFFECT THESE LIKE INCOMES OR PRICE OF INPUTS ETC. The effects are unclear until we know how these manufacturing plants were related to the Australian cars. If they produced substitutes for markets where the Australian car makers also compete, then the demand for Australian cars will increase. The effect will be similar to case a) shown above. If however these are unrelated, then there will be no effects at all and the equilibrium point will remain unchanged. There are two potential effects on the supply. First, introduction of robotics may lead to increase in costs per unit. However, the labour that the robots replace will lead to savings on labour costs. Secondly, there will be an increase in efficiency that will lead to a reduction in costs. Thus on the net it is likely that the per unit costs of production will go down. In that case for every price a higher amount of supply

Critical analysis of specific drug used in clinical Research Paper

Critical analysis of specific drug used in clinical practice-CO-AMOXICLAV - Research Paper Example 69). Co-amoxiclav is a commonly used antibiotic that works by ensuring that bacterial infections are killed. It is made up of two major ingredients that include amoxicillin (which constitutes penicillin), and the clavulanic acid (Brook, 2001, p. 253). In essence, amoxicillin is the penicillin antibiotic that works by destroying bacteria that are accountable for causing infections. It works by preventing the bacteria from creating or developing cell walls that cause severe infections. However, some bacteria have mechanisms of defending themselves by inactivating the amoxicillin. In this case, the clavulanic acid stops bacteria from generating a chemical that can resist the amoxicillin. The combination of these ingredients enhances the spectrum of action and restores the efficacy of the drug against resistant to the bacteria (Hochadel, 2006, p. 69). The active elements found in co-amoxiclav are amoxicillin trihydrarate as well as potassium clavulanante. The other constituents include microcrystalline cellulose, colloidal silicon dioxide, and even magnesium steate (Joint Formulary Committee, 2014, p. 360). The co-amoxiclav is available in tablets form effective for adults and liquid state that is suitable for children. The drug is administered within different dose strengths that are based on the infection that is being treated. In most cases, the bacterial infections clear after two to three days after using this medication (ODonohue, et al, 2002). Co-amoxiclav effectively treats open wounds caused by animal bites because it is an antibiotic. The drug consists of Augmentin injection, suspension, Augmentin-duo and also tablets with active components of amoxicillin and clavulanic acid (Kamphof ,Rustemeyer & Bruynzeel, 2002). The amoxicillin contains the penicillin-type antibiotic that is responsible for destroying bacteria. It works by preventing the bacteria to form cell walls that are central for the bacteria to survive. The cell walls inhibit unwanted