*750- to 1000-word paper.
*Prepare this assignment according to the guidelines found in the APA 6th Edition Style Guidelines.
*This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are tasked with designing a measurement and control system for a water supply system (see: Figure
1). Consider all of the mechanical components of the system to be already installed except the intake
valve and the pump. You must specify the pump, intake valve, any instruments you wish to use, and
whatever control logic and additional controls you intend to use to control the system. To make your life
easier, I have attached a pump curve that will work and a valve coefficient chart. You are free to use or
not use these resources as you see fit. Your objective is to operate the system at minimum cost (i.e.
least energy to the pump). You do not need to calculate the amount or cost of energy, but you should
make a good argument based on the pump specification and the control logic.
Another important characteristic of culture is that it always involves debate. Over the last few weeks, we have been looking at relations of power on a global scale in which a free market economic system now dominates. This is supported by neoliberal philosophy that asserts that the free market provides an economic balance that benefits all participating nations. Identify and critically discuss a specific debate to neoliberalism from the lectures, readings, or media. What forms of negotiation, resistance, or escape do you see by groups featured in the media; how effective do you think these strategies are?
Using the New York Times article, “Defiant, Generic Drug Maker Continues to Raise Prices,” conduct further research on the pricing strategies of generic drug manufacturers. In 750-1,000 words, analyze the pricing strategies and discuss the following:
1. Discuss the pricing decisions of generic drug manufacturers.
2. Evaluate the impact competitors and additional economic factors have on the results of the generic drug pricing strategies. What factors contribute to the advantages and disadvantages of various pricing strategies?
3. Discuss the social and financial implications of generic drug pricing decisions for various groups of stakeholders. What would be the socially optimum pricing strategy for the United States? What would be the socially optimum pricing strategy globally?
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