November 2023 Respond to the following in a minimum of 275 words Explain why monopoly

 

Respond to the following in a minimum of 275 words: 

• Explain why monopoly sellers usually offer discount prices to buyers who are willing to mail in a rebate coupon or endure some other type of inconvenience.
• Discuss why traditional economic models find it difficult to explain why people would pay to attend weight-loss camps that restrict their daily calorie intake.