Geography High School

Why do monopolists engage in price discrimination

Answers

Answer 1
A monopolist engages in the price discrimination whenever it is possible in order to capture the consumers surplus and increases his profit.
Answer 2
The price discrimination is the action of charging different groups of consumers different prices. A monopolist engages in the price discrimination whenever it is possible in order to capture the consumers surplus and increases his profit. In general, there are three types of price discrimination.

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