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MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
1.List four assumptions of a perfectly competitive market. What is the main implication of these assumptions for firm behaviour? Â
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2. a)    Carefully describe TWO differences between the perfectly competitive market structure and the monopoly market structure.Â
Â
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b)   In which market structure is a firm/are firms considered price maker(s). Explain Â
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