How does price discrimination help customers profits are a, Business Economics

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How does price discrimination help customers profits are a

1. How does price discrimination help customers?

2. Profits are a sign of a business exploiting its customers and workers. Profits are a sign that a firm has served its customers well. Pick one statement and defend it or critique it.

3. Some say a monopoly can charge whatever price it wants. This is not true, explain why? What restricts a monopoly? (government regulation is not the answer here).

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