Home / Questions / Comparing the four models of market structures cite the limitations/drawbacks of each Why ...
Comparing the four models of market structures, cite the limitations/drawbacks of each.2. Why does the interdependence of firms play a major role in oligopoly but not in the other markets?3. Discuss the changes that happen from short run to long run in both competitive and monopolistically competitive markets. Explain how this will affect the strategic decision of the firm, particularly in monopolistic competition.
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