Business, 26.08.2020 14:01, michellerosas

If the demand for a newly released novel is less price-elastic than the demand for an older novel, which of the following pricing strategies would a price-discriminating publishing firm follow? A) Sell newly released novels and older novels for the same price.
B) Set price according to the marginal cost of printing the novels.
C) Charge a higher price for newly released novels.
D) Charge a higher price for older novels.

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If the demand for a newly released novel is less price-elastic than the demand for an older novel, w...