1. WHAT IS IMPERFECT COMPETITION? Q2. WHAT ARE THE 2 FORMS OFIMPERFECT COMPETITION? Q3. WHAT ARE THE CHARACTERISTICS OF A MONOPOLY? Q4. WHAT ARE THE CHARACTERISTICS OF A OLIGOPOLY? Q5. WHAT ARE THE BENEFITS & CRITICISMS OF ADVERTISING? Q6. WHAT IS CONCENTRATION RATIO? Q7. WHAT IS PRICE LEADERSHIP? Q8. WHAT ARE FRANCHISES? Q9. OPEC (OIL PRODUCING AND EXPORTING COUNTRIES) AND THE BIG 5 CANADIAN BANKS ARE EXAMPLES OF MONOPOLY and OLIGOPOLY? DO THEY ALL HAVE IN COMMON? WHAT IS YOUR UNDERSTANDING OF "MONOPOLY" AND "OLIGOPOLY