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85%
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48%
(02:26)
correct 52%
(02:37)
wrong
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Jivas Labs researches and commercially produces two types of drugs, analgesics and opioids. For the first few years after a drug’s commercial production begins, huge investments are made to set up the production and distribution chain for the new drug. As a result, the net profitability, which is calculated by subtracting investment expenses from the revenue from the drug, is negative. The graph represents the projected net profitability for the first 15 years of a newly-introduced analgesic and a newly-introduced opioid.
From each drop-down menu, select the option that creates the most accurate statement about these projections based on the given information.
The projected net profitability of the newly-introduced opioid is least at the end of the year since commercial production.
If net profitability is projected to grow, over the years 16 through 20, at the same rate as in years 10 through 15, the projected net profitability of the newly-introduced analgesic for the seventeenth year is approximately million.
1st blank: The opioid is at its lowest at the end of the 5th year - the x-axis represents the number of years since production - so as the lowest point is at x=5 it means that it has been 5 years since they were produced - hence end of 5 years. Hence, answer is "fifth"
2nd blank: slope of the line for analgesic: (10-5)/(15-10) = 1 So for 17th year: y - 10 = 1*(17-15) -> y=12 So, net projected profitability for 17th year will be $12 million.
I was incorrect in Q2 and use the wrong method for translating 100% growth for the next 5 years, meaning 20% per year then at 17th year, got 2(20%) growth. Please kindly explain the right way. thanksss
ExpertsGlobal5
Jivas Labs researches and commercially produces two types of drugs, analgesics and opioids. For the first few years after a drug’s commercial production begins, huge investments are made to set up the production and distribution chain for the new drug. As a result, the net profitability, which is calculated by subtracting investment expenses from the revenue from the drug, is negative. The graph represents the projected net profitability for the first 15 years of a newly-introduced analgesic and a newly-introduced opioid.
From each drop-down menu, select the option that creates the most accurate statement about these projections based on the given information.
The projected net profitability of the newly-introduced opioid is least at the end of the year since commercial production.
If net profitability is projected to grow, over the years 16 through 20, at the same rate as in years 10 through 15, the projected net profitability of the newly-introduced analgesic for the seventeenth year is approximately million.