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What determines whether or not a monopolist is able to charge different prices for the same product? Discuss the conditions necessary for successful price discrimination
What determines whether or not a monopolist is able to charge different prices for the same product?Discuss the conditions necessary for successful price discrimination and offera fewexamples where you think price discrimination is being practiced. Remember that the product has to be the same for it to be price discrimination. So if I pay more for overnight delivery of an item I am paying for that convenience and it is not price discrimination.
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