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(a)Compare the characteristics of a monopolistic competitive market structure and a perfectly competitive market structure (b)Compare the characteristics of a monopolistic competitive market structure and

(a)Compare the characteristics of a monopolistic competitive market structure and a perfectly competitive market structure

(b)Compare the characteristics of a monopolistic competitive market structure and a monopoly.

(c) What are the characteristics of an oligopolistic firm?

(d)Define Mutual interdependency and its implication.

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