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During price discrimination monopolist gain as consumers losses. Elaborate

      

During price discrimination monopolist gain as consumers losses. Elaborate

  

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Joel
This happens whereby the monopolist has control over pricing, demand and supply decision, thus sets prices in a way, so that the maximum profit can be earned. They charge different prices from different consumers for the same product.
Mabongajoel answered the question on September 17, 2018 at 12:00


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