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explanation of your selected industry's market structure, including support for your assertion. In your explanation, also address the following: How do firms compete with each
explanation of your selected industry's market structure, including support for your assertion. In your explanation, also address the following: How do firms compete with each other in the industry, both in terms of price and non-price competition? Are some firms in the industry able to earn economic profits in the long run? Why or why not
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