By offering lower prices to customers who buy a large quantity, a monopoly is price discriminating.

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Price discrimination occurs when a seller charges different prices to different customers for the same product or service, where these differences are not justified by differences in cost. Offering lower prices to customers who buy in large quantities is a form of price discrimination, as it differentiates pricing based on the quantity purchased, not the cost of providing the service or product.

By Offering Lower Prices to Customers Who Buy a Large