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Hello, I need a bit of assistance. what are the differences between the spectrum of competition from perfect competition to a monopoly? I know a
Hello,
I need a bit of assistance. what are the differences between the spectrum of competition from perfect competition to a monopoly?
I know a perfectly competitive market is composed of many firms where no one firm has market control, which is the key difference between monopoly and perfect comp but what other basic ideas am I not grasping?
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