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Perfect Competition is a model in which examples are few and far between. Yet economists love to discuss this model. Explain why. One of the

Perfect Competition is a model in which examples are few and far between. Yet economists love to discuss this model. Explain why.
One of the criticisms of oligopolies is the adverse impacts these firms have on income distribution. Do you believe that is a valid criticism? Discuss with appropriate examples.

Could please add all the references?

Thank you

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