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Blizzard [7]
3 years ago
13

Why do monopolists engage in price discrimination?

Social Studies
1 answer:
elena55 [62]3 years ago
5 0

Answer:

C

Explanation:

Because In monopoly, there is a single seller of a product called monopolist. The monopolist has control over pricing, demand, and supply decisions, thus, sets prices in a way, so that maximum profit can be earned.

The monopolist often charges different prices from different consumers for the same product. This practice of charging different prices for identical product is called price discrimination.

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Answer:

The correct response is Option B:  grow a surplus of food.

Explanation:

One of the most important social and technological advances for the emergence of larger human settlements like cities is the ability to grow a surplus of food.  This is because in order to take up other trades and means of livelihood that characterize a city, there needs to exist the capacity to store food and to distribute it to city residents who are not dedicated to agriculture themselves.  Humans started to establish what archaeologists and anthropologists call agricultural villages by about 10,000 BCE where we find early evidence of large systems of storing and managing and distributing surplus. The surplus food that these residents generated allowed for the establishment of more permanent villages that increased in population. Societies of increasing complexity emerged in valleys around the Nile, Indus, and Tigris-Euphrates rivers.

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lisabon 2012 [21]

Answer:

Citronella oil

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