Explain price discrimination on the part of the firm


Discuss why some long-run average cost curves are steeper on the downward side than others. Discuss fully. If you purchased a new model of a digital camera right after it is released, you will likely pay more than if you purchase it six months after release. Explain why this is an example of price discrimination on the part of the firm.

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Microeconomics: Explain price discrimination on the part of the firm
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