In Problem 1, if demand in the United States is given by Q1 = 13,200 - 600p1, where p1 is the price in the United States, and if the demand in England is given by 9,000 - 500p2, 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) $4.
B) $2.
C) $0.
D) $12.
E) $6.
Correct Answer:
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