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MANAGERIAL ECONOMICS 1. Why markets fail to achieve economic efficiency? Site 2 clear examples. 2. Discuss what is imperfect competition and externalities and how each

MANAGERIAL ECONOMICS

1. Why markets fail to achieve economic efficiency? Site 2 clear examples.

2. Discuss what is imperfect competition and externalities and how each system differs from each other.

3. What causes Monopoly?

NOTE: Please give me a correct and clear answers.

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