What is the major strategy for firms on multiproduct


1. What is the markup? How is it determined and what is the difference between markup on cost and markup on price, and how the price elasticity of demand is relevant?

2. What is the major strategy for firms on multiproduct pricing? How would a firm producing many products ensure its ultimate goal of maximizing profits?

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Econometrics: What is the major strategy for firms on multiproduct
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