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Describe or interpret the demand curve of a purely competitive firm. Interpret the supply and demand curve of the whole purely competitive market. What conditions

  1. Describe or interpret the demand curve of a purely competitive firm.
  2. Interpret the supply and demand curve of the whole purely competitive market.
  3. What conditions might give rise to pure monopoly?
  4. Give 3 monopolistic competitive firms and identify their competitive and monopolistic elements.
  5. Distinguish pure oligopoly from differentiated oligopoly.
  6. Describe kinked demand curve

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