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    Exam 14: Price Discrimination
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    To Maximize Profit GlaxoSmithKline Sets a Higher Price for Combivir
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To Maximize Profit GlaxoSmithKline Sets a Higher Price for Combivir

Question 204

Question 204

Multiple Choice

To maximize profit GlaxoSmithKline sets a higher price for Combivir in Europe than in Africa because the demand curve in Africa is:


A) lower and more inelastic.
B) lower and more elastic.
C) higher and more inelastic.
D) higher and more elastic.

Correct Answer:

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