@ https://learn.snhu.edu/d21/le/content/1058141/viewContent/18244835/View 10 6-2 Simulation Discussion: Monopolies and Monopolistic Competition NOTE THAT A CUSTOM RUBRIC IS USED FOR THIS DISCUSSION. A monopoly is a firm that is a sole seller in a market. Monopolies can decide to set different prices for different consumers through price discrimination. In 99+ monopolistic competition, there are many firms that sell products that are similar but not identical. P First, play the simulation game Price Discrimination in the MindTap environment. In this discussion, you will share your experiences playing that game. Your work in X this discussion will directly support your success on the course project. D In your initial post, include the image of your simulation report in your response. a See the How to Submit a Simulation Report Image PDF document for more W information. Then, address the following questions: . Explain which types of market inefficiencies derive from monopolies. Use g S + examples from the textbook to support your claims. . Describe the types of inefficiencies that derive from monopolistic competition. Use examples from the textbook to support your claims. 11:20 PM 6/9/2022 . How are monopolies and monopolistic competitive firms profitable? Use examples from the textbook to support your analysis