Please answer the following:Define price discrimination 2.Define first, second and third price discriminations.

Please answer the following:

1.   Define price discrimination

2.   Define first, second and third price discriminations.

3.   What is the relationship between perfect first-degree price discrimination and consumer surplus?

4.   Define bundling as a price strategy

5.   Define two-part pricing.

6.   Define skimming as a price strategy

7.   Define Market Power

8.   Discuss different sources of market power