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Which of the four-market structure has the highest barriers to entry? Explain. 1 Mark Provide two examples of barriers to entry common in an oligopoly
- Which of the four-market structure has the highest barriers to entry? Explain. 1 Mark
- Provide two examples of barriers to entry common in an oligopoly market structure. 1 Mark
- Define and explain why game theory is use to analyse a firm in an oligopoly market. 1 Mark
- Use the game theory matrix to illustrate a strategic decision you made recently. 2 Marks
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