9. (2 points) Consider the graph below, which illustrates the FDA's risk balancing of a new cancer drug. Under the FDA's

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9 2 Points Consider The Graph Below Which Illustrates The Fda S Risk Balancing Of A New Cancer Drug Under The Fda S 1 (32.08 KiB) Viewed 35 times

9. (2 points) Consider the graph below, which illustrates the FDA's risk balancing of a new cancer drug. Under the FDA's current policy, the maximum level of risk is r* and the minimum level of efficacy is i. Reduced Probabilty of Survival T=i T Increased Probability of Survival i If the new drug's cost and efficacy are given by point A, which of the following statements is/are true? I The new drug's efficacy exceeds the new drug's risk. II The FDA would approve the new drug. A. Only I B. Only II C. I and II D. Neither I nor II