What are the two necessary conditions, Microeconomics

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What are the two necessary conditions

Problem

1. What are the two necessary conditions under which price discrimination can take place? Give an example of price discrimination.

2. Do monopolistically competitive industries have too many fi rms, each of which produces too little?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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