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sashaice [31]
3 years ago
6

A Japanese steel firm sells steel in the United States and in Japan. Since the United States buys steel from a number of differe

nt sources, the U.S. demand for Japanese steel is more price-elastic than the Japanese demand for Japanese steel. If the Japanese steel firm wishes to maximize its profits it should:
Business
1 answer:
Nostrana [21]3 years ago
7 0

Answer:

Charge a lower price in the United States and a higher price in Japan.

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