Different prices can be charged by the producer in the different market segments to maximize revenue". Explain the statement by taking a case of aviation industry.
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Explanation :-
producers have to be intelligent enough ,so that productions made by him/her can fulfill the needs of the society and also helps in generating enough revenue.
To have enough revenue generated from products it is needed to charge higher prices on some parts.
In aviation industry the main material involved is fuel, and by charging slightly higher prices ,revenues can be maximised.
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