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Where feasible, a monopolist will find the use of multipart pricing preferable to ordinary price discrimination because the former:
United States
A country located in North America, consisting of 50 states, a federal district, five major self-governing territories, and various possessions.
1950s
The decade spanning from January 1, 1950, to December 31, 1959, marked by significant cultural, political, and economic events worldwide.
Structural Unemployment
Unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand.
Labor Market
The supply and demand for labor, where employers seek to hire workers and workers look for jobs.
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