Question 2 Imagine you are a researcher with a pharmaceutical company who has just discovered a new drug that may potentially
cure Ebola. Compose a three-paragraph memo to the chief executive officer of the company that addresses these aspects
of the situation:
1. Summarize the situation in West Africa, including the impact on the economies of the affected countries and the
resources that are scarce.
2. Discuss the resources you have used to discover the drug or will need to continue producing it. (Take an educated
guess at what you will need for this part, just be sure to classify your needs into the proper factor of production.)
3. Discuss the opportunity cost to the company in devoting more resources to the production and distribution of the
new drug.
4. Applying your knowledge of the factors of production and PPCs, explain the impact that your drug could have on the
economies of countries in West Africa affected by the Ebola virus.