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3 Assume the US demand for a pharmaceutical designed for treating people for life-threatening heart-worms is known to be: Q=100 - 10 P, where P is...

2.3 Assume the US demand for a pharmaceutical designed for treating people for life-threatening heart-worms is known to be: Q=100 – 10 P, where P is price. The cost of producing the drug is $2.00 per treatment. The producer has a patent on the drug in every country. How much does the producer charge for the drug? Draw a sketch showing the determination of the profit-maximizing price

please figure it out, please

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Hi, Here is the file you requested. Please let me know if you have any questions, I will be glad... View the full answer

Patent.docx

Assume the US demand for a pharmaceutical designed for treating people for lifethreatening heart-worms is known to be: Q=100 – 10 P, where P is price. The cost of
producing the drug is $2.00 per...

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