A company is offering Product X, a new generation media device, in a foreign market for the first time. The company's CEO favors the adoption of a pricing strategy that adds a 30 percent markup to costs. However, the company's CFO believes that the firm should charge lower prices similar to what they charge in the domestic market. Which of the following, if true, would weaken the case for charging the same price in both markets? O A. The company had earlier tried price discrimination in the domestic market but failed. O B. Consumers in both markets have similar price elasticity of demand. O C. Both countries have similar inflation levels D. Consumer preferences are markedly different in the two markets O E. Technology companies are known to successfully practice price discrimination in different markets.
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