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4. If you are the authority in Oman, then what kind of market situation (Perfect Competition, Monopoly, Monopolistic competition, and Oligopoly) you would recommend for

4. If you are the authority in Oman, then what kind of market situation (Perfect Competition, Monopoly, Monopolistic competition, and Oligopoly) you would recommend for Oman?

Justify your answer with at least five points.

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