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? Show how you arrived at your Answer.(3 points)

Fixed Cost: $200,000

Variable Cost: $10

Total Weekly Manufacturing Capacity: 50,000 units

US Domestic Sales: 25,000 units

US Domestic Price: 20 per unit

Number of units to be sold in UK: 25,000 units