If Demand in the United States Is Given by Q₁

question 7

Multiple Choice

if demand in the United States is given by Q₁ = 14,000 - 1,000p₁, 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)$0.
• C)$3.
• D)$6.
• E)$9.

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