(Portion 1 Due TODAY) Respond to the following in a minimum of 175 words: Explain why monopoly sellers usually offer discount prices to buyers who are willing to mail in a rebate coupon or endure some

(Portion 1 Due TODAY)

Respond to the following in a minimum of 175 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.

(Portion 2 due tomorrow)

Reply to at least 2 of your classmates. Be constructive and professional in your responses.

*** classmate responses attached***

Portion 1= 175 words

Portion 2 = 125 words to each classmate reply (250 Words total)