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Sonos is selling its new speaker in the US and in Europe at the same price of $500. The marginal cost is the same in

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Sonos is selling its new speaker in the US and in Europe at the same price of $500. The marginal cost is the same in both markets and is equal to $250, Consultants estimated that the own-price elasticity of demand it is equal to -2 in the US and -4 in Europe What should Sonos do to maximize profits? O a. Keep the original price in the US and increase the price in Europe O b. Decrease the price in the US and increase the price in Europe 0 ct Increase the price in the US and decrease the price in Europe 0 cl. Keep the original price in both market 0 er Keep the original price in the US and decrease the price in Europe

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