We simplified the analysis by assuming that each person will buy only one piece of art. How
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We simplified the analysis by assuming that each person will buy only one piece of art. How would you extend the idea of perfect price discrimination (resulting in demand being equal to marginal revenue) to the case where consumers bought multiple pieces? (The answer is provided in the next section.)
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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