subject
Business, 18.04.2020 05:18 gonzmari457

Big Cure and Little Cure are both pharmaceutical companies. Big Cure presently has a potential "blockbuster" drug before the Food and Drug Administration (FDA) waiting for approval. If approved, Big Cure's blockbuster drug will produce $1 billion in net income for Big Cure. Little Cure has ten separate, less important drugs before the FDA waiting for approval. If approved, each of Little Cure's drugs would produce $50 million in net income. The probability of the FDA approving a drug is 50%. What is the expected payoff for Little Cure's ten drugs? (2 points)

A) $250 million

B) $50 million

C) $1 billion

D) $0

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 05:30
Eliza works for a consumer agency educating young people about advertisements. instead of teaching students to carefully read advertisement claims, she encourages them to develop a strong sense of self and to keep their life goals and dreams separate from commercial products. why might eliza's advice make sense?
Answers: 2
question
Business, 22.06.2019 15:00
(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?
Answers: 2
question
Business, 23.06.2019 08:00
Using an organization with which you are familiar, identify its corporate culture and the elements of its observable culture. what do you think would need change in order to facilitate innovation? what role would organizational development play in overcoming resistance to change?
Answers: 3
question
Business, 23.06.2019 10:00
When the amount paid for land is $36,000 and the amount paid for expenses is $10,000, the balance in total assets after transaction (b) is
Answers: 1
You know the right answer?
Big Cure and Little Cure are both pharmaceutical companies. Big Cure presently has a potential "bloc...
Questions
question
Mathematics, 05.11.2020 01:00
question
Mathematics, 05.11.2020 01:00
question
Mathematics, 05.11.2020 01:00
question
Mathematics, 05.11.2020 01:00
question
Chemistry, 05.11.2020 01:00