Safari File Edit View History Bookmarks Window Help Edarnm 8

Safari File Edit View History Bookmarks Window Help Edarnm 85% Tue 11:00 PM a E M smartsite.ucdavis.edu O McAfee Secure Search k 2600 I Pandora Internet Radio Listen to Fr... O) SmartSite@UCDavis ARE 100B A01-A https://smartsite.ucdavis.edu/access Home Chegg.com Home Chegg.com eS 5. Figure 10.13 me Foreign Market Domestie Mark Price (S) Price (S pe 2 DVoo WSers Contro 4 6 8 10 12 2 8 10 12 Quantity Quantity Reference: Ref 10-23 e Pics (Figure 10.13) Apharmaceutical company sells its pills in a foreign and domestic market. a. Suppose the pharmaceutical company uses segmenting. What price should it charge in each market? How many pills are sold in each market? b. If the pharmaceutical company must charge the same price in all markets, what price will it Work set? How many pills will it sell?

Solution

In foreign market Price = $7 and quantity = 3

    In domestic market Price = $12 and quantity =4