12.15. Consider Problem 12.14 with the following change. Suppose the demand for the drug in Europe declines

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12.15. Consider Problem 12.14 with the following change. Suppose the demand for the drug in Europe declines to QE ! 30 " PE. If the firm cannot price discriminate, will it be in the firm’s interest to sell on both continents?

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Microeconomics

ISBN: 9780470563588

4th Edition

Authors: David Besanko, Ronald Braeutigam

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