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The four market structures are pure competition, pure monopoly, monopolistic competition and oligopoly. If I were an organization I would prefer to operate as a pure monopolistic monopoly because I would be able to dominate in my market. Within this structure, one firm is the seller of a particular product or service...
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The four market structures are pure competition, pure monopoly, monopolistic competition and oligopoly. If I were an organization I would prefer to operate as a pure monopolistic monopoly because I would be able to dominate in my market. Within this structure, one firm is the seller of a particular product or service...
Essay fragment
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