A company is granted a 20 year patent on a new drug. Annual demand for this drug, once approved, is P = 1000-Q. The marginal cost of producing the drug is MC=100. The development of this drug will only result in economic profits if the R&D cost of creating the drug are
a) less than $5,000,000
b) less than $45,000,00
c) less than $9,000,000
d) less than $4,000,000
a) less than $5,000,000
b) less than $45,000,00
c) less than $9,000,000
d) less than $4,000,000