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1.Explain the conditions under which a firm operates as perfectly competitive, monopolistically competitive, or a monopoly. Describe sources of monopoly power. Discuss the conditions under

1.Explain the conditions under which a firm operates as perfectly competitive, monopolistically competitive, or a monopoly. Describe sources of monopoly power. Discuss the conditions under which a firm operates in a Sweezy, Cournot, Stakelberg, or Bertrand oligopoly.Support your answer with some examples.

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