snhu [Insert your responses to the following questions: Explain what market inefficiencies derive from monopolies and monopolistic competition. Use examples from the textbook to support your claims.] [How do firms in an oligopolistic market set their prices? Use specific examples from the simulations or from the textbook to support your claims.] [Explain how firms that compete in the four different market structures determine profitability. Use specific examples from the simulations or the textbook to support your claims.] Conclusions [Insert your overall conclusions about the relevance and significance of microeconomics. How will microeconomics principles impact your business decisions moving forward? Provide recommendations to your business partner for your future business venture.]