Based on last week's discussion, select a monopolistic competitive firm and an oligopoly firm. Then apply Porter's five forces and compare:1) What are the challenges to profits faced by each firm?2) W

Based on last week's discussion, select a monopolistic competitive firm and an oligopoly firm. Then apply Porter's five forces and compare:

1) What are the challenges to profits faced by each firm?

2) Which firm is likely to have a much higher rate of return?

3) What challenges to profits arise due to supply chain and intermediary consumers such as processor and distributors.