Explain Multiple Product Pricing with diagram.

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written 3.5 years ago by

prajapatijaimin • 3.3k

Solution:

Multiple Product Pricing:

The price theory or microeconomic models of price determination are based on the assumption that a the firm produces a single, homogeneous product.
In actual practice, however, production of a single homogeneous product by a firm is an exception rather than a rule. Almost all firms …

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