
Managerial Economics 2nd Edition by William Boyes
Edition 2ISBN: 978-0618988624
Managerial Economics 2nd Edition by William Boyes
Edition 2ISBN: 978-0618988624 Exercise 17
Some personal computer software is sold at special discounts to students. Other software is provided in a less powerful version for students. Why do publishers offer discounts to students? What is the purpose of developing less powerful editions?
Explanation
Profit maximization:
The main goal of t...
Managerial Economics 2nd Edition by William Boyes
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