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Briefly state the basic characteristic of pure competition, monopoly, monopolistic competition, and oligolopy.Under which of these market classification does each of the following most accurately

Briefly state the basic characteristic of pure competition, monopoly, monopolistic competition, and oligolopy.Under which of these market classification does each of the following most accurately fit?

  1. a Kansas wheat farm
  2. the steel industry
  3. Jolly Green Giant Peas
  4. the automotive industry

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