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pharmaceutical company sells its patented drug in two countries with price asticities 1)1 = -1.5 and 12.= -.3 It should set prices P, and P2

pharmaceutical company sells its patented drug in two countries with price asticities 1)1 = -1.5 and 12.= -.3 It should set prices P, and P2 so that: P1 - 1 - 1/121 and P2 = 1 - 1/12 P1 > P2 P1 P2 1-1/m1 1-1/12 Pin = P272

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