Market for a good or service that is an oligopoly


Describe a market for a good or service that exhibits monopolistic competition. Are firms in a monopolistically competitive market more innovative than a perfectly competitive market or a monopoly?

Describe a market for a good or service that is an oligopoly. How does the structure of this market affect the firms' decision-making?

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Macroeconomics: Market for a good or service that is an oligopoly
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