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In the lesson presented by Sal on Oligopolies and Monopolistic Competition, title TheWhole Spectrum of the Market he creates a two-dimensional grid
In the lesson presented by Sal on Oligopolies and Monopolistic Competition, title TheWhole Spectrum of the Market he creates a two-dimensional grid of the market types based on number of competitors and degree of product differentiation. Make sure you take a look at this lesson. Link is provided below.
Now apply the lesson and explain one monopoly from which you buy a good or service.
Now apply the lesson and explain one oligopoly from which you buy a good or service.
Now apply the lesson and explain one monopolistic competitor from which you buy a good or service.
https://youtu.be/PzDthFTzEa0
