Why do monopolists engage in price discrimination

2 answers:

7 0

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.

USPshnik [31]3 years ago

5 0

A monopolist engages in the price discrimination whenever it is possible in order to capture the consumers surplus and increases his profit.

You might be interested in

Local communities have taken a number of approaches to solving the problem of shrinking beaches. One direct, but relative expens

SpyIntel [72]

Answer: One direct, but relative expensive approach is to PUSH a beach by dumping tons of sand just slightly upcurrent of the beach.

Explanation: Shrinking Beaches can be defined as the displacement of land, or long-term removal of small particles (beach sand) and rocks along the coastline due to the action of waves, currents, tides, wind-driven water, or other impacts of storms.

When a beach is shrinking also known as beach erosion, to prevent the beach from shrinking any further, addition of sand and rocks will minimise the effect of the erosion and might as well stop it in the long term . The sand may be dredged from nearby and pumped onto the beach, or transported in from outside areas.

6 0

4 years ago

Which of the following is not a factor that controls temperature?

nydimaria [60]

Longitudes since they are used for determining time around the world

5 0

3 years ago

When Two Plates Collide Causing Crust To Deform, But Not Break,it Is Called?

sergey [27]

It is called folding.

5 0

3 years ago