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s 1. What type of competiotion you expect in these industries? What is the rational and factors you used to assess the comptetion? 2. Identify
s 1. What type of competiotion you expect in these industries? What is the rational and factors you used to assess the comptetion? 2. Identify the main barriers to entry in the supermarket and banking sectors. 3. In what forms of tacit collusion are firms in the three industries likely to engage? 4. Based on the price elsaticity and governemntal regulations (mainly banks), what are the expceted markeup that each industry should set. You must justify your answers (ideally you should assume a range for price markeups for each industry, not a detrministic value)
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