If a firm has two sets of customers, those who want the newest version of the product

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If a firm has two sets of customers, those who want the newest version of the product immediately and those who are more patient, how should it price its product?

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Managerial Economics Markets and the Firm

ISBN: 978-0618988624

2nd edition

Authors: William Boyes

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Question Posted: Sep 27, 2014 06:15 AM

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If a firm has two sets of customers, those who want the newest version of the product

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The initial price should be higher compared to the la...View the full answer

Managerial Economics Markets and the Firm

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