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Solve the following problems A. TERMINOLOGIES 1. Differentiate oligopoly from monopoly. Cite example for each. [5] 2. Draw the demand-and-supply curve and explain using example.

Solve the following problems A. TERMINOLOGIES 1. Differentiate oligopoly from monopoly. Cite example for each. [5] 2. Draw the demand-and-supply curve and explain using example. [5] 3. Differentiate substitute from compliments. Cite example for each. [5]

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