12.11. In part (c) of Learning-By-Doing Exercise 12.3, we suggested that the profit-maximizing structure for the first

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12.11. In part

(c) of Learning-By-Doing Exercise 12.3, we suggested that the profit-maximizing structure for the first and second blocks for Softco is something other than the pricing structure we determined in part (b), selling the first 60 units at a price of $40 apiece, and selling any quantity above 60 at $25 apiece. Find the structure that maximizes profit.

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Microeconomics

ISBN: 9780470563588

4th Edition

Authors: David Besanko, Ronald Braeutigam

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