Question: QUESTION: (a) Discuss different market structures and differentiate them in term of their characteristics and their relevance with developing countries Hint: Perfect Competitive Market Monopolistic

QUESTION: (a) Discuss different market structures and differentiate them in term of their characteristics and their relevance with developing countries Hint: Perfect Competitive Market Monopolistic Competition Monopoly Market Oligopoly Market (b) Explain the meaning of Price discrimination as used in Monopoly and identify its types. (c) What is the relevance of Oligopoly Market in developing countries

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