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Estimate how much it costs to enter the taxicab business (including...
Estimate how much it costs to enter the taxicab business (including the cost of buying a car, a taxi license, and required training for the driver). Now estimate (very approximately) how much it costs to enter the pharmaceutical industry (ie. developing, patenting, and producing new drugs): capital equipment, R&D costs, testing and regulatory expenses. Where would you rather be employed? Which industry, in your judgment, will be more important to the longer-run development and prosperity of the economy?
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Solved by verified expertAnswered by MasterSummerTapir21 on coursehero.com
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