When there are significant differences among customers,a monopolist will look for opportunities to price discriminate.

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Monopolists seek to maximize profits by charging different prices to different customer groups based on their willingness to pay. This allows them to extract more surplus from those who are willing to pay more, while still making some profit from those who are less willing or unable to pay higher prices. Therefore, when there are significant differences among customers, a monopolist has an incentive to engage in price discrimination.

When There Are Significant Differences Among Customers,a Monopolist Will Look