The Federal Drug Administration slows the pace at which helpful medications reach the marketplace.The alternative of having the medication available to consumers earlier is an example of:

Question

Quizplus · Accepted Answer

The opportunity cost is the benefit that is forgone from not having the medication available to consumers earlier due to the slow pace of regulation by the Federal Drug Administration. This choice acknowledges the trade-off between ensuring safety and effectiveness of medications and the time it takes for those medications to reach consumers.

The Federal Drug Administration Slows the Pace at Which Helpful