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Why firm charges different prices to different consumer?
Every firm needs to maximize its profit. When goods are sold to different customers, each customer negotiate price of the good independently. So, dissimilar prices are settled with different customers. So, different prices are charged from dissimilar customers to maximize firm's profit.
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Monopoly and Oligopoly help?!? 1. Your firm sells a perfume. The daily demand for your perfume estimated by your economists is given by P=150-5Q Your marginal cost is constant at $
An economics branch which keep concentrate on illumination the economic decisions people make in practice, particularly when these conflict with what conventional economic theory p
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