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Question 8 [6] Complete the following table: Differences between various market systems/structures ? Feature Firm's control over price Demand curve of the firm's product Long-run

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Question 8 [6]

Complete the following table:

Differences between various market systems/structures

?

image text in transcribed

Feature Firm's control over price Demand curve of the firm's product Long-run economic profit Perfect competition Monopolistic competition Oligopoly Monopoly

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