Solved: Why must a firm have some market power to price discriminate, Microeconomics

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Why must a firm have some market power to price discriminate

Problem

1. Why must a firm have at least some market power to price discriminate?

2. Does a firm need to be a monopolist to price discriminate?

3. Why must a firm prevent resale if it is to price discriminate successfully?

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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Microeconomics: Why must a firm have some market power to price discriminate

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Microeconomics: Why must a firm have some market power to price discriminate

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