Question: In Figure 14.5, the declining five-block pricing plan can be expressed as a set of five successive, two-part pricing plans:Block 1: A 1 = ___________and

In Figure 14.5, the declining five-block pricing plan can be expressed as a set of five successive, two-part pricing plans:Block 1: A1 = ___________and f1 = ___________.Block 2: A2 = ___________and f2 = ___________.

Block 3: A3 = ?___________and f3 = ?___________.Block 4: A4 = ?___________and f4 = ?___________.Block 5: A5 = ?___________and f5 = ?___________.

Figure 14.5

10 8 - a U b MC = AC 3 2 MR

10 8 - a U b MC = AC 3 2 MR 10 20 30 40 50 60 Quantity Price and cost (dollars)

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