What are the conditions necessary for price discrimination

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Explain the three types of goods: search goods, experience goods and credence goods. What type of advertising would firm’s likely use for each type of good and why?

Explain how a monopolist can increase profits by price discriminating. What are the conditions necessary for price discrimination?

In what ways is government involved with the creation of barriers to entry?

Distinguish between a horizontal merger and a vertical merger. Give one example of a recent merger.

Reference no: EM13692369

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