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Customers are usually more willing to pay more for the first unit of a good they purchase than for the second, third, or subsequent units.
Customers are usually more willing to pay more for the first unit of a good they purchase than for the second, third, or subsequent units. This implies that Question 19 options: A) typical consumers have a downward-sloping demand curve. B) firms are unable to determine their customers' reservation prices. C) typical consumers are irrational. D) firms are using non-linear price discrimination
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