Processing of buyers coming together to make a single bid/transaction for an offering, in order to get a lower price.
Why might a seller accept a lower price for a big purchase? (Economies Of Scale)
- lower manufacturing cost for big batches (Setup Cost)
- lower CostOfSales
Does this justify Price Discrimination?
How does the Robinson Patman Act apply? http://en.wikipedia.org/wiki/Robinson%E2%80%93Patman_Act
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