In theory,the concept of differential pricing decreases total cost for a firm.

Name: In theory,the concept of differential pricing decreases total cost for a firm.
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Differential pricing, also known as price discrimination, involves charging different prices to different customers for the same product or service. It aims to maximize revenue rather than decrease total cost for a firm. It's a strategy related to sales and revenue optimization, not cost reduction.

In Theory,the Concept of Differential Pricing Decreases Total Cost for a Firm