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QUESTION

Marketing Experience curve pricing is a method of pricing based on the learning effect, which holds that the unit cost of many products and services

Marketing

Experience curve pricing is a method of pricing based on the learning effect, which holds that the unit cost of many products and services declines by 10 percent to 30 percent each time a firm's experience at producing and selling them doubles, resulting in possible rapid price reductions. Why does this occur? Give some examples.

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