1.What is the relationship between product differentiation and monopolistic competition?

2.How is the perceived demand curve for a monopolistically competitive firm different from the perceived demand curve for a monopoly or a perfectly competitive firm?

3.How does a monopolistic competitor choose its profit-maximizing quantity of output and price?

Ch11:

1.What is a corporate merger? What is an acquisition? What are major differences between these two?

2.What is the goal of anti-trust policies? How is a four-firm concentration ratio measured? What does a high measure mean about the extent of competition?