Solution-Fixed cost of developing a new drug

Fixed cost of developing a new drug

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Reference no: EM131115005

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?

Reference no: EM131115005

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Fixed cost of developing a new drug : 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?

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Fixed cost of developing a new drug

Reference no: EM131115005

Reference no: EM131115005

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