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Directions: Observe some industries in your locality. Using the graphic organizer below, enumerate the characteristics that you know about the common market structures in terms

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Directions: Observe some industries in your locality. Using the graphic organizer below, enumerate the characteristics that you know about the common market structures in terms of: A) types of product/s, B) pricing power, C) number of sellers, and D) entry/ exit barriers. Write the answers inside the boxes. B A Monopolistic B Competition Perfect Market Competition Oligopoly Structure Monopoly

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