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A can of Similac formula sells for about $26 in the U.S. but it sells for about $8 in the Netherlands. Which of the following

A can of Similac formula sells for about $26 in the U.S. but it sells for about $8 in the Netherlands. Which of the following explains the discrepancy? Group of answer choices The Dutch government might have required the company to sell at a lower price (unlikely, but possible). All of the statements may explain the price discrepancy Similac is attempting to penetrate the Dutch market, and thus using a low penetration pricing strategy Competitors price their formula low, at about $8 a can

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