Characteristics of a monopolistically competitive market

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Assignment:

What are the characteristics of a monopolistically competitive market?

•Compare the long run equilibrium between monopolistically competitive and perfectly competitive markets.

•What are the characteristics of an oligopolistic market?

•What is game theory?

•What is dominant strategy? What is nashequilibrium?

•What is a prisoner's dilemma?

In depth explanation

Reference no: EM133231748

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