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What is price discrimination

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Reference no: EM133202720

Question 1: Explain why the prices of agricultural products tend to fluctuate more than the prices of manufactured goods.

Question 2: With aid of the examples, explain why firms practice product differentiation.

Question 3: What is price discrimination? How does it benefits firms?

Question 4: Why should MC curve cut MR curve from below to achieve producer's equilibrium?

Reference no: EM133202720

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