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Unformatted text preview: for different goods. Another example is the digital products such as digital cameras and cellphones. The latest products always have the highest price among the relative product series as producers often lower the product price when there is a new version introduced. For example, the new Blackberry Curve Titanium’s price now is twice higher than the old Blackberry whose price just drops by over $200. This dropping price is not due to the change in product costs, but maybe to the change in product demand....
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This note was uploaded on 03/10/2011 for the course ECON 101 taught by Professor Duc during the Spring '05 term at Linfield.
- Spring '05
- Price Discrimination