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(c) Suppose for your new product you expect there to be significant learning by doing, i.e. you expect your costs to go down as you

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(c) Suppose for your new product you expect there to be significant learning by doing, i.e. you expect your costs to go down as you produce more and more of the product. You should set the initial price of your product higher than you would otherwise (i.e. if there was no learning by doing)

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