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question: Explain how price discrimination is practiced in each of the following situations. Your answer must include a description of how the market is successfully differentiated in each case:-Airline travel and time of departure
-Electricity usage charges.
-Use of coupons by a high-end dress store
-National Park fees and age discounts
-Resident parking fees in New York City Monopoly Marketsquestion: Explain how price discrimination is practiced in each of the following situations.
Monopoly Marketsquestion: Explain how price discrimination is practiced in each of the following situations. Your answer must include a description of how the market is successfully differentiated in each case:-Airline travel and time of departure
-Electricity usage charges.
-Use of coupons by a high-end dress store
-National Park fees and age discounts
-Resident parking fees in New York City Monopoly Marketsquestion: Explain how price discrimination is practiced in each of the following situations. Your answer must include a description of how the market is successfully differentiated in each case:-Airline travel and time of departure
-Electricity usage charges.
-Use of coupons by a high-end dress store
-National Park fees and age discounts
-Resident parking fees in New York City
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