Assignment

FIRST PART: What is (are) the defining feature (s) between a firm under monopolistic competition and that under oligopoly? 1. Identify the main features of the two markets. Main: What are the unique and what are the common features? 2. Do they have common features? Do they have distinct features? 3. Now discuss 1 & 2 above SECOND PART: 'Based' on your discussion above discuss a case-study in the context of Bangladesh (home country) where the same firm operates under both markets. How is their decision-making affected in each case? 4. If a firm is going to be identified in two markets, apply relevant market concept 5. Link 3 above with your case study