Business, 09.10.2019 17:10 beetle1234

Customers are usually more willing to pay more for the first unit of a good they purchase than for the second, third, or subsequent units. this implies that

a. firms are using nonminuslinear price discrimination.
b. typical consumers are irrational.
c. typical consumers have a downward sloping demand curve.
d. firms are unable to determine their customers' reservation prices.

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Customers are usually more willing to pay more for the first unit of a good they purchase than for t...