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Assignment
1. Explain the unique characteristics of the four primary market structures.
2. Explain why economic profits are zero in the long run in a monopolistic competitive market.
3. What are the characteristics of a public good?
4. Discuss the two ways that product differentiation affects the demand for a product.
5. Describe at least five different forms of government intervention in the economy.
6. Apa format 150-200 words responses are required and reference required, no plagiarizing.
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3) Which of the following is a disadvantage of the corporate form of business organization?
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