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A) Name at least 3 different ways firms in a monopolistically competitive market differentiate their products.Briefly explain. B)Define price discrimination with examples. For a monopolist,
A) Name at least 3 different ways firms in a monopolistically competitive market differentiate their products.Briefly explain.
B)Define price discrimination with examples. For a monopolist, name two conditions that must be satisfied for price discrimination. Your answer should be at least six sentences long.
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