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gregori [183]
3 years ago
14

Why do monopolies engage in price discrimination when possible? Enumerate and explain the nature of possible impediments to pric

e discrimination.
Business
1 answer:
TEA [102]3 years ago
6 0
Monopolies engage in price discrimination possible because they can get away with it.

A monopoly is where only one seller sells a particular good. Because of this, the seller has the power to dictate the price of the good to the extend of giving the good the highest price possible that a consumer is willing to pay. 

Consumers must pay the price of said product because they can not get the same product from any other seller.
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Answer:

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