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Explain why monopoly sellers usually offer discount prices to buyers who are willing to mail in...

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Economics

Explain why monopoly sellers usually offer discount prices tobuyers who are willing to mail in a rebate coupon or endure someother type of inconvenience.

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Generally a Monopoly does not have information about its buyers type specially about their elasticity of demand However it realises that there are certain groups of consumers with inelastic    See Answer
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