Example of good or service market

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1. Give an example of a good or service market that is close to perfectly competitive, and then defend your choice. (Us tobacco for service market)

2. What types of industries does TRA (Tennessee Regulatory Authority) regulate? Choose a company that would fall within one of those industries. Why is this firm (and others within the industry) regulated?

3. Which characteristics of monopoly apply to the firm you have chosen?

Reference no: EM1348166

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