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(1a) Justify the assession that unlike a perfectly competitive firm,the monopolist has no unique supply cure (1b) Explain chamberlon's concept of proportional and perceived demand
(1a) Justify the assession that unlike a perfectly competitive firm,the monopolist has no unique supply cure (1b) Explain chamberlon's concept of proportional and perceived demand curve of firms operating under monopolistic competition.explain also with the help short run and long run firms equilibrum under monopolistic competition (1c) Explain sweezy kinked demand curve model of oligopoly. How does he explain price rigidity under oligopoly.
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