Question
The fixed cost of developing a new drug is $3 billion. The unit cost of producing a single dose of the drug is $1, and
The fixed cost of developing a new drug is $3 billion. The unit cost of producing a single dose of the drug is $1, and patients are charged $11 per dose. In order to make a $1 billion profit on the drug, how many doses must be sold?
| 300,000,000 |
| 350,000,000 |
| 400,000,000 |
| 500,000,000 |
| None of the above |
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Contemporary Issues In Development Finance
Authors: Joshua Yindenaba Abor, Robert Lensink, Charles Komla Delali Adjasi
1st Edition
1138324329, 978-1138324329
