What is the definition of price discrimination? In what instance is it illegal to do so? Then, provide two examples of price discrimination. In each case, explain why the monopolist chooses to follow this business strategy

What is the definition of price discrimination? In what instance is it illegal to do so?

Then, provide two examples of price discrimination. In each case, explain why the monopolist chooses to follow this business strategy.

What is the definition of price discrimination? In what instance is it illegal to do so? Then, provide two examples of price discrimination. In each case, explain why the monopolist chooses to follow this business strategy
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