Analysis of pricing strategies
Question: Give detailed analysis of pricing strategies specifically related to each kind of market structures:1) Perfect competition
2) Monopolistic Competition
3) Oligopoly
4) Monopoly
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Response the following question by using appropriate APA style of writing. Task: Address the differences between monopolies, monopolistic competition, and oligopolies.
A per-unit tax t>0 is levied on the output of a monopoly. The monopolist faces demand q=p^-e, e>1, and has constant average costs. Show that the monopolist will increase price by more than the amount of the per-unit tax.
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Question: Give detailed analysis of pricing strategies specifically related to each kind of market structures:
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