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1. 2. 3. 4. Why are AR and MR curves downward sloping in monopolistic completion? What are the two objectives of practicing price discrimination? Give

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1. 2. 3. 4. Why are AR and MR curves downward sloping in monopolistic completion? What are the two objectives of practicing price discrimination? Give two examples of oligopoly firms in Oman. What is meant by 'strategic interdependence' in Oligopoly? Write short answers: (i) Rule for entry and exit of firms in a market (ii) Normal profit in a perfectly competitive market (iii) Two negative externalities visible in Oman Differentiate between different market forms studied by you. Give any three differences. 5

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