Explain why when a firm has a monopoly in two goods and only sells the goods bundled, consumers must have different relative values for each of the two goods for bundling to be an example of price discrimination.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter13: Monopoly And Antitrust
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Explain why when a firm has a monopoly in
two goods and only sells the goods bundled,
consumers must have different relative values
for each of the two goods for bundling to be
an example of price discrimination.
Transcribed Image Text:Explain why when a firm has a monopoly in two goods and only sells the goods bundled, consumers must have different relative values for each of the two goods for bundling to be an example of price discrimination.
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