Replies to post #124461 on Biotech Values

[zipjet]

The problem is I'm not sure whether a $75,000 or $60,000 or even $45,000 price point will make a ton of difference to this cash flow problem.

Given that the demand curve is likely* inelastic, the proper response would be to raise the price, not to lower it.

ij

* At least IMO.

:-)

PS - I appreciate your insightful comments.

[poorgradstudent]

The problem is I'm not sure whether a $75,000 or $60,000 or even $45,000 price point will make a ton of difference to this cash flow problem.

I would think a significant price decrease would be in very bad taste.