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An American pharmaceutical firm wants to export to Kenya without violating the Anti-Dumping statute. That is, the price of the drug cannot be less than
An American pharmaceutical firm wants to export to Kenya without violating the Anti-Dumping statute. That is, the price of the drug cannot be less than the total cost. The drug is first sold in the US domestic market, and then Kenya is considered.
Given the following data, what is the minimum price that the firm has to charge to UK consumers? How many maximum units can be sold to Kenya per week?
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