Explain how a firm can increase its profit by price discriminating. How does it determine optimal prices?

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Explain how a firm can increase its profit by price discriminating. How does it determine optimal prices? How does the existence of substitute products affect the firm’s pricing policy?

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Managerial economics

ISBN: 978-1118041581

7th edition

Authors: william f. samuelson stephen g. marks

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Question Posted: Jan 30, 2013 01:04 AM

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Explain how a firm can increase its profit by price discriminating. How does it determine optimal prices?

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If a firm can identify market segments with different elasticities it ca...View the full answer

Managerial economics

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