A decade ago, most companies could raise prices to cover rising labor costs.
Companies will then raise prices to cover the higher wage costs.
The $589 price covers only one hotel, the Amsterdam, where an extra night would cost $34.
This price did not cover the costs of development.
The price of a day in the hospital no longer covers the cost.
This price would cover costs, but not make any profit.
These prices also cover one meal a day and some housekeeping services.
Then, presumably, the executives will raise prices to cover their higher labor costs.
He said the reduced price does not cover the costs of developing the medication.
The higher prices cover the cost of research, the industry says, and are justified by the drugs' benefits.