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Determine the marginal cost for Pfizers development of personalized medicine. Cost Components Fixed Costs ($) Variable Costs per Unit ($) Production Volume (units) Personalized Medicine

Determine the marginal cost for Pfizer’s development of personalized medicine.

Cost Components

Fixed Costs ($)

Variable Costs per Unit ($)

Production Volume (units)

Personalized Medicine Development

10,000,000,000

100,000

100,000

Requirements:

Calculate the marginal cost per unit.

Determine the break-even point for the personalized medicine development.

Analyze regulatory approval processes impacting development timelines.

Develop a sensitivity analysis on genetic testing costs.

Provide recommendations for optimizing personalized medicine development costs.

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