https://youtu.be/UXKAPlFohhE

• View the online video, "Market Structures" for a quick recap. Comment if Amazon is a monopoly in providing online shopping services? Do explain using 2 key features of monopoly from the video

https://vimeo.com/298642136

• View the online video on "Price Discrimination" practiced by monopoly firms. Do you think Amazon Prime is an example of 1^st, 2^nd,or 3^rddegree price discrimination? Do explain your choice with 2 related characteristics of the chosen price discrimination concept from the video.

1. What 2 types of price discrimination have you experienced? (e.g., out-of-state versus in-state tuition differences, lower ticket prices at movie theaters during the week, coupons used at a supermarket, etc.)
2. Do YOU understand now why price discrimination happens?
3. With this knowledge in hand, do you plan to avoid or take advantage of price discrimination going forward? Do explain