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1. Based from the market structures determine the elasticity of market demand for: a. perfect competition b. pure monopoly c. monopolistic competition d. oligopoly. 2.

1. Based from the market structures determine the elasticity of market demand for:

a. perfect competition

b. pure monopoly

c. monopolistic competition

d. oligopoly.

2. Explain their elasticities respectively

a. marginal cost pricing

b. price discrimination

c. product differentiation

d. collusion / cartel

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