Question: PLEASE HELP WITHIN 30 MINS THANK YOU SO MCUH..REALLY APPRECIATE IT. Suppose you are the CEO of Moderna, a pharmaceutical company that develops vaccines. The

PLEASE HELP WITHIN 30 MINS THANK YOU SO MCUH..REALLY APPRECIATE IT.

Suppose you are the CEO of Moderna, a pharmaceutical company that develops vaccines. The vaccines you develop are always given intellectual property rights protections, which effectively grant you a monopoly.

Your team of number crunchers tells you that if you can develop a vaccine for the common cold, that market demand for this vaccine would be Q = 250 - 5P (or P = 50 - 0.2Q), where Q is number of vaccinations and P is the price per vaccination.

If the marginal cost of producing each vaccine is $10, what's the most your company would be willing to pay to invest in the research and development of this vaccine?

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