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is the sunscreen market competitive or not competitive? - monopoly, oligopoly, monopolistic competition, perfect, monopsony, two-sided, and how do you know that? Is that changing
is the sunscreen market competitive or not competitive?
- monopoly, oligopoly, monopolistic competition, perfect, monopsony, two-sided, and how do you know that? Is that changing or stable? what keeps the sunscreen market as it is?
- how is competition reduced/increased and by what?
- barriers to entry, legal/political influence?
- ways the firm is earning and maintaining abnormal profits?
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