In PBM managed contracts among retail pharmacies such as‚ Bob’s Pharmacy‚ the PBM often in most instances will reimburse the pharmacy a flat rate dispensing fee for each prescription filled in addition to an added reimbursement amount for the actual product dispensed that can be based upon a percentage of the Average Wholesale Price (AWP). This price reimbursed for a drug may be different than the initial price that the retail pharmacy paid the drug wholesaler who supplied the drug to be dispensed
Premium Pharmacology Medicine Pharmacy
VARIANCES IN ATTITUDES ACROSS CULTURES THE ROLE OF GENDER a. DEFINITION: “An attitude is the manifestation of values‚ beliefs‚ feelings‚ and states of mind” (Satterlee‚ 2009‚ p. 51). b. SUMMARY: Birgit Pfau-Effinger of The University of Hamburg in Hamburg‚ Germany recently published an article titled “Women ’s employment in the institutional and cultural context” in the International Journal of Sociology and Social Policy. The author’s intention throughout the paper is to identify the factor(s)
Premium Bible Ulcerative colitis Sociology
QUESTION 3 Does Intellectual Property theft undermine the workings of the free market system? Yes‚ we look first what is Intellectual Property Right (IPR). World Trade Organization (WTO) said IPR are the right given to person over the creations of their minds. They usually give the creator an exclusive right over the use of his/her creation for a certain period of time. Then Free Market is a summary term for an array of exchange that takes place in society. Each exchange is a voluntary agreement
Premium Intellectual property Supply and demand Capitalism
Under the conditions of perfect competition‚ a market will be allocatively effi cient as long as the fi rms in that market produce at the P=MC level of output. Price is a signal from buyers to sellers‚ and the price seen by fi rms signals the marginal benefi t of consumers in the market. If the price consumers pay for a product is greater than the marginal cost to fi rms of producing it‚ then the message being sent to producers is that more output is demanded. In the pursuit of profi ts
Premium Economics
Case Problem Air Force Training Program An Air Force introductory course in electronics uses a personalized system of instruction whereby each student views a videotaped lecture and then is given a programmed instruction text. The students work independently with the text until they have completed the training and passed a test. Of concern is the varying pace at which the students complete this portion of their training program. Some students are able to cover the programmed instruction text relatively
Premium Prime number Student
Expenditures‚ Revenues‚ and Budgets Expenditures‚ Revenues‚ and Budgets AJS 532 Expenditures‚ Revenue‚ and Budgets Budgeting is an important subfield of public administration (Tyer & Willand‚ 1997). A budget system balances expenditures and revenues (Smith & Lynch‚ 2004). In public budgeting‚ revenues are funded by sources. These such sources are fees and special assessment‚ lotteries‚ and public‚ and other miscellaneous revenue. Another important factor of budgeting
Premium Public finance Revenue Decision making
480 (U) Total sale mix variance= $39‚600 (U) (ii) Golf Cart = (22‚000 – 22‚800) x (4‚788/22‚800) x 134 = $22‚512 (U) Mobility vehicle = (22‚000 – 22‚800) x (18‚012/22‚800) x 164 = $103‚648 (U) Total sale quantity variance= $126‚160(U) b. Based on above analysis‚ there are unfavorable total sale mix variance of $39‚600 and unfavorable
Premium Marketing Sales
Stanislav Ivanov HOTEL REVENUE MANAGEMENT FROM THEORY TO PRACTICE Stanislav Ivanov HOTEL REVENUE MANAGEMENT FROM THEORY TO PRACTICE student 2014 Stanislav Ivanov (2014). Hotel Revenue Management: From Theory to Practice. Varna: Zangador. Page 1 of 204 First published 2014 by Zangador Ltd. Varna‚ Bulgaria; tel: +359 52 330 964; email: office@zangador.eu This work is licensed under the Creative Commons AttributionNonCommercial-NoDerivatives 4.0 International License. To view a copy of this
Premium Supply and demand Marketing Price elasticity of demand
CHAPTER 2: RELEVANT REVENUES AND COSTS The primary goal of a firm is to maximize profits. This implies‚ of course‚ that each decision a manager makes is consistent with that goal. Although managers are expected to rely on internally-produced reports‚ such as balance sheets and income statements‚ to help them make decisions‚ most of the information that appears on these statements is period-based rather than decision-based. A balance sheet shows the sum total of a firm’s assets and liabilities
Premium Costs Variable cost Cost
relationship between the price of this resource and the marginal revenue the firm receives? 25-1 (a) The demand curve faced by the firm is the downward-sloping market demand curve‚ so price exceeds marginal revenue at all quantities beyond the first unit produced. 25-3 The following table depicts the daily output‚ price‚ and costs of a monopoly dry cleaner located near the campus of a remote college town. a. Compute the revenues and profits at each output rate. b. What is the profit-maximizing
Premium Economics Marginal cost Costs