Why prices of agricultural products tend to fluctuate

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Reference no: EM133222905

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: EM133222905

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