Question: 1 . Using the concepts of comparative market structures as discussed in the course materials, explain how monopolistic competition firms have characteristics from both perfect
Using the concepts of comparative market structures as discussed in the course materials, explain how monopolistic competition firms have characteristics from both perfect competition and monopoly.
Provide an example of your own experience.
Using the concepts of comparative market structures as discussed in the course materials, explain how a monopoly differs from a monopsony.
Provide an example of your own experience.
Using the concepts of oligopoly strategies as discussed in the course materials, explain oligopoly strategies including Game Theory and the Nash Equilibrium, Prisoner's Dilemma, Price Leadership, Kinked Demand Curve, Collusion, and Cartel.
Provide substantive participation by responding to at least of your classmate's submissions with substantive participation posts in which you explain what you learned from their submissions, as well as why and how their submissions are of particular help or interest to you.
DQ & Class Participation Rubric Requirements
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