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P P + Q Diagram A Diagram B The above are diagrams of demand curves facing two firms. Required: State which demand curve applies to

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P P + Q Diagram A Diagram B The above are diagrams of demand curves facing two firms. Required: State which demand curve applies to the Monopolistic Competition firm and the other to the Oligopoly firm and explain why you think so (Hint: consider their price elasticities of demand)

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