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Norplant, a long-acting contraceptive, dates to the early 19

Norplant, a long-acting contraceptive, dates to the early 1990's. In the US, they were priced at $350 and in other countries at $23. a. Why would the firm price it differently in different countries? c. What do you think will happen to the price over time? Why?

 

Macroeconomics, Economics

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