Given the characteristics of perfect competition and monopolistic competition market structures, identify and explain a real-world example for each market structure

A. Analyze the concept of price discrimination by explaining the three degrees of price discrimination with examples. (12) B. Evaluate the conditions necessary for a firm to engage in price discrimination, and critically discuss the potential benefits and drawbacks for consumers and producers. (8) C. Often movie theatres offer lower priced tickets for weekday daytime shows, compared to the weekend evening show. Explain this phenomenon using the concept of price discrimination