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There are 4 different types of market structures: Perfect Competition, Monopoly, Oligopoly, Monopolistic Competition. 1. If you were a firm, which market structure would you

There are 4 different types of market structures:

Perfect Competition, Monopoly, Oligopoly, Monopolistic Competition.

1. If you were a firm, which market structure would you prefer to be in and why?

2. If you were a customer, which market structure would you prefer to shop in and why?

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