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3. Looking back at the entire presentation of the material on Market Structure (from Perfect Competition to Monopoly and back again), discuss this spectrum (or
3. Looking back at the entire presentation of the material on Market Structure (from Perfect Competition to Monopoly and back again), discuss this "spectrum" (or "continuum") as a Microeconomic construct. To what degree (in your opinion) does this model actually explain things like pricing behavior and innovation as an example of the Theory of the Firm?
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