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QUESTION
Graphically show the demand and marginal revenue curves for a) perfectly competitive firm, b) monopolist, c) monopilist that is able to perfectly...
Graphically show the demand and marginal revenue curves for a) perfectly competitive firm, b) monopolist, c) monopilist that is able to perfectly price discriminative d) Sweezy oligopolist. How would a small increase in factor prices affect an output and price in each case?
