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Four Market Structures (ie. Monopoly, Oligopoly, Perfect Competition or Monopolistic Competition)

Referencing Styles : Harvard | Pages : 19
(a) Identify the key characteristic of four market structures (ie. monopoly, oligopoly, perfect competition or monopolistic competition). Give a case study example of each market structure. (8 marks) (b)Explain what negative externalities are, and why there may be a case for government intervention to address them. Describe some of the ways to correct the negative externalities and the pros and cons of each method. Provide real life examples. (8 marks) (c) Choose a case study from your home coun ...

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