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This article was overall a very shallow economic analysis, they should have gone into marginal costs and price differentiation for this problem. Maximising inco
by ZoFreX 16y ago
This article was overall a very shallow economic analysis, they should have gone into marginal costs and price differentiation for this problem. Maximising income from customers by charging more to those willing to pay more is a very well studied problem, and solutions to it are observable in every shop on the high street.