SOLUTION: 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 bill

Question 981517: 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
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
The cost of the drug is,

where X is the number of doses.
The revenue from the drug is,

So,

200 million doses
None of the above.
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