Problem
1. What distinguishes oligopoly from monopolistic competition?
2. Is an oligopolist more or less likely to engage in strategic decision making compared to a monopolistic competitor?
3. What is the difference between the contestable market model and the cartel model of oligopoly?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.