Saudi Electronic University Monopoly Price Discrimination and Privacy Questions

Instructions – PLEASE READ THEM CAREFULLY

• The Assignment must be submitted on (WORD format only) .
• Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
• All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).

Questions:

1.Explainthe effects of low price-guarantee on the price.

2.If agroup of sellers could form a cartel, what quantity and price would they try toset?

3.Whatdo you understand by discriminatory monopoly? Bring out the conditions thatenables the monopoly firm to charge different prices for its product indifferent markets.