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Pick a firm from which you purchase goods or services or by which you are employed. Identify the firm's relevant market structure. Strongly support your
- Pick a firm from which you purchase goods or services or by which you are employed. Identify the firm's relevant market structure. Strongly support your answer with theory from class. Be as detailed as possible and expand upon each concept. For example, if the firm is monopolistically competitive, how exactly do they differentiate their product? Or if its in an oligopoly, how does the firm react to its competitors' actions? These are two limited examples. While you may not address these specific questions, they demonstrate how to contribute to a well-developed post
- Hello, could I do Micheals?
- References: Micro ECON6 Principles of Microeconomics By McEachern
- Chapter 9, "Monopoly" Chapter 10, "Monopolistic Competition and Oligopoly"
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