23. Price discrimation os the selling of the given product at more than one price when the price difference is unrelated to cost differences.
24. Monopolies that price descriminate do because they can increase there profits.
In monpoly there is only one seller of the product or service. It has the control over pricing and sets price in a such a way so that maximum profit can be earned. The practive of charging different prices from different set of consumers is known as price discrimination.
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