Question: Question 5 (a) What is the difference between one-sided and two-sided market? Provide one real-example for each of the markets. (b) What is the purpose

Question 5 (a) What is the difference between one-sided and two-sided

Question 5 (a) What is the difference between one-sided and two-sided market? Provide one real-example for each of the markets. (b) What is the purpose of price discrimination? (c) What is the difference between second degree and third degree's price discrimination? Provide one real-world example to support each explanation. (d) How does penetrating pricing work for entering a new market? Provide one real world example

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