How does perfect competition compare to oligopoly with respect to price, profit in the long run, average

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How does perfect competition compare to oligopoly with respect to price, profit in the long run, average total cost, and output?

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Economics

ISBN: 9780078021800

11th Edition

Authors: Stephen Slavin

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Question Posted: Nov 26, 2015 02:01 AM

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How does perfect competition compare to oligopoly with respect to price, profit in the long run, average

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The oligopolist charges a higher price and has a higher average to...View the full answer

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