Chapter 9. A Billion Here, a Billion There

EIA Activity: A Billion Here, a Billion There

Click on the links on the right to answer the following questions.

  1. Question

    Use Link 1 to answer the following questions. True or False: In 2012, Celgene was the most profitable publicly traded biotech company in the United States.

    A.
    B.

  2. Question

    True or False: In 2012, only four biotech companies in the UnitedStates reported over $1 billion in net income.

    A.
    B.

  3. Question

    True or False: Only 5% of biotech companies in the United States make over $100 million.

    A.
    B.

  4. Question

    Use Link 2 to answer the following question. Which of the following is a way to apply the concept of sunk costs to your life?

    A.
    B.
    C.
    D.
    E.

  5. Question

    Why do people feel the need to get their money’s worth at an all you can eat buffet when the price is the same whether you eat one plate or five plates of food? Discuss.

    Your response will be graded by your instructor.
    Why do people feel the need to get their money’s worth at an all you can eat buffet when the price is the same whether you eat one plate or five plates of food? Discuss.
  6. Question

    Why do people feel the need to work out every day (sometimes more than once a day) at their local gym if the gym membership price is the same per month? Discuss.

    Your response will be graded by your instructor.
    Why do people feel the need to work out every day (sometimes more than once a day) at their local gym if the gym membership price is the same per month? Discuss.

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