1. In the New York uptown fish market the price off fresh whiting (a type of fish) starts high in the morning and slowly decreases as the day passes. It appears that fish sellers in this market might be engaging in what type of price discrimination? Your friend (who understands price discrimination very well) is not quite convinced that sellers are actually engaged in price discrimination. Please give two reasons for why your friend might not agree with you. 2. Do you expect the rental service to be lower in a vertically integrated channel or in a channel with independent manufacturer and retailer?(assumer that there is no competition in the retail market) Why?