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1. How does the demand curve faced by a purely monopolist seller differ from a Oligopoly? Why does it differ? Of what significance is the

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1. How does the demand curve faced by a purely monopolist seller differ from a Oligopoly? Why does it differ? Of what significance is the difference? 2. In Economics what are cartels and why are they considered to be illegal? Explain 4 factors the give rise to the creation and sustainability of Cartels. How do governments around the world combat Cartels

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