Identify a market with 2 to 10 big producers that is MC or O market types. Discuss if they exercise price discrimination, and how they accomplish that?
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One of the best markets that have two to ten big producers with the monopolistic competition market type structure is the Japanese market. This is a dynamic market economy that has grown over the years due to its pricing strategies that have yielded the individual corporations high returns. Price discrimination occurs in a market when commodities that hold the same costs are sold in different rates in another market. This shows that the goods are interpreted at different price rates. In this selected market there are large ...
The price discrimination for market types are examined.