Multiple Choice
In Problem 1, if demand in the United States is given by Q1 = 11,200 - 800p1, where p1 is the price in the United States, and if the demand in England is given by 1,600 - 200p2, where p2 is the price in England, then the difference between the price charged in England and the price charged in the United States will be
A) $8.
B) $3.
C) $6.
D) $0.
E) $9.
Correct Answer:

Verified
Correct Answer:
Verified
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