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Explain in detail aspects of microeconomic theory that affect the achievement of solutions to business problems (use theorists and theories to support your answer). Explain

  1. Explain in detail aspects of microeconomic theory that affect the achievement of solutions to business problems (use theorists and theories to support your answer).
  2. Explain in detail the aspect of microeconomic theory that affect the achievement of optimal solutions to business problems.
  3. Explain and detail the functioning of markets around the model of perfect competition, imperfect markets, monopolistic competition model, oligopoly, and monopoly models.

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