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5. What firms in perfect competitive market and monopolistic competitive market have in common? How they are different in the long run? Explain using appropriate

5. What firms in perfect competitive market and monopolistic competitive market have in common? How they are different in the long run? Explain using appropriate graphs. 7. Earnings per share is calculated to le a) only for common shares. b) only for preferred shares. c) for common and preferred shares. d) only for bonds

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