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  3. price discrimination makes perfect economic sense.

Price discrimination makes perfect economic sense. How to you understand how it benefits the firm? Meanwhile,...

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General Management

Price discrimination makes perfect economic sense. How to youunderstand how it benefits the firm? Meanwhile, link youunderstanding to a live example from your reading, research, oreven own experience on how the firm conducted it and what are theconsumers' feeling and/or responses.

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A price discrimination involves charging different prices to the different class of consumers It happens when there is an existence of the monopoly in the market Under the price discrimination the firm charges different prices to the different consumers for the same product Due to this    See Answer
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