1.

Fill in the blank with appropriate alternative given below:_________ appears in a monopoly market.Optionsproduct differentiationprice discriminationindividual differentiationpacking differentiation

Answer»

price discrimination appears in a monopoly market.

Price discrimination implies charging different prices for the same product from different buyers at the same time. Because a monopolist is a single seller of a good in the market, he enjoys the freedom to exercise price discrimination.



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