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Participate in this discussion by explaining in what ways the firm that owns and operates the Rialto, Colony, and Studio movie theaters appears to be involved in monopolistic competition. This market structure has a number of defining characteristics. The purpose of this discussion is to provide evidence, or disclaimers, that (1) the Rialto is both monopolistic and competitive, and that (2) as such, the Rialto both adds to, and takes away from, consumer welfare. Discuss.

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