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Is it possible to move from the hypothetical perfect competition (many buyers, sellers, identical products) to move down the lane to monopolistic
Is it possible to move from the hypothetical perfect competition (many buyers, sellers, identical products) to move down the lane to monopolistic market structure than on to oligopoly then to a monopoly? What would be an example of one? Can the same be sad going into reverse order, from monopoly down the line to the perfect competition?
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Dayle