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3.What is the difference between a monopolistically competitive market and an Oligopoly market in the short and long run

3.What is the difference between a monopolistically competitive market and an Oligopoly market in the short and long run
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3.What is the difference between a monopolistically competitive market and an Oligopoly market in the short and long run

User Aleksander Rezen
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1 Answer

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Answer:

Oligopoly is about the number of firms Monopolistic Competition is about variety of products

Step-by-step explanation:

User Arup Sarkar
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