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Q. In market economies, firms rarely worry about the availability of inputs to produce their products, but in command economies input availability is a constant concern. Why are there these differences?

Q. Explain how does monopolistic competition differ from a) pure competition; b) pure monopoly; c) oligopoly? Explain fully what product differentiation entails.

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9276640

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