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when discussing hotels and price discrimination, specifically perfect price discrimination, what is the impact of this pricing strategy on each of the following: (i) seller
when discussing hotels and price discrimination, specifically perfect price discrimination, what is the impact of this pricing strategy on each of the following: (i) seller profitability, (ii) consumer surplus and consumer welfare (is it possible that consumers as a whole may benefit from this price discrimination?), and (iii) competitive advantage the firm may enjoy -relative to their competitors- from implementing this strategy.
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