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Pfizer Sells Atgam in New Zealand for $14/pill and Brazil

Question 2

Multiple Choice

Pfizer sells Atgam in New Zealand for $14/pill and Brazil for $8/pill. This implies that the demand curve in New Zealand must be ________ than in Brazil.


A) more inelastic
B) less inelastic
C) more elastic
D) closer to perfectly elastic

Correct Answer:

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