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1. Explain what is the central principle behind all forms of price dis crimination (pricing by indicators, versioning, bundling) and how it is achieved by

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1. Explain what is the central principle behind all forms of price dis crimination (pricing by indicators, versioning, bundling) and how it is achieved by each of these forms of discrimination. 2. What is the relationship between a rm's demand elasticity and market demand elasticity in the Cournot model? 3. When is collusion more likely to be sustained, in a high growing or low growing industry? Explain

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