Provide a critical anaylysis of the different market structures, such as perfect competition, mnopolistic competition, oligopo and monopoly and how they differ in terms of the number of firms, product differentiation, entry and exit barriers, pricing strategies and market power. Provide real world examples of firs or industries that illustrate each market structure.

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Sure lets break down the different market structures and their characteristics 1 Perfect Competition Number of Firms Many small firms Product Differen... View the full answer