Taking all parameters into account, what would you expect to be the probability of it costing exactly $15 to produce one kilogram of penicillin? State where/how you found your answer.

Worst case = $28 per kilogram

Base case = $16 per kilogram

Best case = $10.50 per kilogram.

Explanation:

Based on the information and data given in slide 37 what i would expect to be the probability of it costing would tend to depend on the worst, base and best case scenarios once all the parameters given are been taken into account.

The unit of production will tend to cost dollar per Kilogram which means that Worst case will be $28 per kilogram ,Base case will be $16 per kilogram and Best case will be $10.50 per kilogram. .

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy