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COURSE: Microeconomics 2 - PACKAGING True / False / Uncertain Questions a) If a firm applies the strategy of bundling its product, it will observe
COURSE: Microeconomics 2 - PACKAGING True / False / Uncertain Questions a) If a firm applies the strategy of bundling its product, it will observe an expansion of inverse demand curve. b) Bundling strategy implies an increasing marginal cost (MC) curve. c) Bundling is part of type III price discrimination. d) If a firm bundles 4 units of a product, it quadruples utility to consumer. e) If a firm bundles 4 units of a product, final selling price of bundle is 4 times individual price.
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