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    Economics for Managers
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    Exam 10: Pricing Strategies for the Firm
  5. Question
    Promotional Pricing Is Designed to Take Advantage of Differences in the Price
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Promotional Pricing Is Designed to Take Advantage of Differences in the Price

Question 7

Question 7

True/False

Promotional pricing is designed to take advantage of differences in the price elasticity of demand among customers.As such,it is an application of first-degree price discrimination.

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