The textbook discusses price discrimination in Chapter 15 (section 15-4). What is price discrimination?

Question

The textbook discusses price discrimination in Chapter 15 (section 15-4). What is price discrimination? Give an example of effective or ineffective price discrimination you see online or in your community. Explain why the monopolist chooses to follow this business strategy.

Note: To earn full credit for this graded discussion, post at least three times. First, the initial post should be substantial (containing at least 200-250 words)

Any use of outside resources, textbook readings, as well as any additional references that you have included in your discussion requires that you cite and reference your sources in APA format.