In New York, you need a license to operate a hot dog cart, and a license to operate in the park costs more. Since hot dogs are $0.50 more in the park, the added cost of a license each year must be roughly $0.50 per hot dog sold. In fact, in New York City, licenses to sell hot dogs in the park are auctioned off for many thousands of dollars, while licenses to operate in more remote parts of the city cost only about $1,000. Discussion Question: What type of competition is this and do you think perfect price discrimination is possible here