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

User Takuya
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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.
User Thebiffboff
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