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1. Identify an industry that enjoys monopoly competition. What makes this market a monopoly? How do the competitors interact with each other and suppliers and

1. Identify an industry that enjoys monopoly competition. What makes this market a monopoly? How do the competitors interact with each other and suppliers and customers?

2. Identify an industry that enjoys perfect (or nearly perfect) competition. What makes this market perfectly competitive? How do the competitors interact with each other and suppliers and customers?

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