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What are the conditions necessary for a monopolist to be able to successfully price discriminate? Explain in detail. Next think about the example of a

What are the conditions necessary for a monopolist to be able to successfully price discriminate? Explain in detail. Next think about the example of a theater. What is it that allows a discount to certain groups of customers to be profitable? Last, give an example of a business that you think couldnotsuccessfully profit from price discrimination and explain why.

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