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Q2--Analyze and compare the four market structures with respect to their characteristics (perfect competition, monopoly, monopolistic competition and oligopoly) - Give real world examples of
Q2--Analyze and compare the four market structures with respect to their characteristics (perfect competition, monopoly, monopolistic competition and oligopoly) - Give real world examples of each market structure and relate (for instance if you state that Microsoft is an example of Monopoly, you have to relate and justify on that why it belongs to a specific market structure) (Associated chapters are 14, 15, 16 and 17)
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