We study a heretofore unexamined type of product differentiation. horizontally differentiated products with differential costs. and apply the analysis to retail pricing of fluid milk products. The theoretical models yield unique predictions for the relationship among prices of the four horizontally differentiated fluid milk products (skim. https://cosmeticssquadets.shop/product-category/smoothing-cream/
Retail Prices for Milk by Fat Content: A New Theory and Empirical Test of Retailer Pricing Behavior
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