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Anton Has to Take Insulin for His Type 1 Diabetes

question 59

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Anton has to take insulin for his type 1 diabetes but his sister Maryam has another health issue and takes a pill.Anton knows that insulin is a protein but wants to know why he can't have a pill instead of all those nasty shots.Can you explain it to him?


Definitions:

Fixed Cost

Expenses that do not change with the level of production or sales over a certain period, such as rent or salaries.

Period Cost

Costs that are expensed in the period in which they are incurred, without direct link to production activity, such as selling, general, and administrative expenses.

Contribution Margin Ratio

A profitability ratio that measures the percentage of sales revenue that exceeds variable costs, indicating how much contributes to fixed costs and profit.

Variable Cost Ratio

A measure of a company's variable costs as a percentage of sales, which shows the proportion of sales that is consumed by variable costs.

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