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Perfect Competition, Monopolistic Competition, Oligopoly, and Monopoly. Please describe each of these market structures in terms of what makes them different from each other. Then
Perfect Competition, Monopolistic Competition, Oligopoly, and Monopoly. Please describe each of these market structures in terms of what makes them different from each other. Then give a specific example of each different type of market structure. In other words, describe the number of firms in the market, the type of product that is made/provided, and the ease of entry into the market if new firms wished to enter.
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