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Economics

Complete a written economic analysis of two or more oligopoly market firms. Your paper body should be 3-5 pages, double-spaced using APA format, and should address the following:

* How do firms in the industry compete?

* How are prices determined?

* What effect does elasticity of demand have on the competition?

* How do the firms use game theory in their interaction?

* Is profit maximized for the industry or do they have a suboptimal equilibrium?

* Is this competition beneficial or harmful for the consumers?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M965377

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