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1.Example what strategic interdependence means and how it appliesto oligopoly market. 2.How do monopolistically and competitive markets differ from perfectly competitive markets? If monopolistically competitive

1.Example what strategic interdependence means and how it appliesto oligopoly market.

2.How do monopolistically and competitive markets differ from perfectly competitive markets? If monopolistically competitive firms are making economicprofits in the short-run, what happensin the long-run?

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