Perfect Competition and Monopoly, Cyclical Unemplo

Perfect Competition and Monopoly, Cyclical Unemployment, Various Forms of Exchange Rate Regime

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Perfect Competition and Monopoly, Cyclical Unemployment, Various Forms of Exchange Rate Regime

INSTRUCTIONS:

Hi I have been requested to answer those question , WHICH HIGHLIGHTED IN YELLOW COLOUR + one more question from the rest. can you please see the attachment file , its really important to see the attachment files , I am looking for a berif answer , no need for that much pages as it an previous exams , The answer should not be more then 3 pages

CONTENT:

QUESTION TO ANSWER-UPDATE Name: Professors Name: Course Code: Institution: Date Question to Answer-Update 1 Perfect Competition and Monopoly A perfect competition and monopoly give a representation of two extremes within the continuum of a market structure. As depicted in Table 1:1 below, in one extreme is perfect competition that represents an ultimate efficiency achieved within an industry that is bounded by extreme competition within no market controls. On the other extreme as depicted in the Table is Monopoly that gives a clear representation of inefficiency that is inhibited by a market that lacks competition and an extensive structure that controls the market. Table 1:1 Perfect Competition and Monopoly It is essential to determine the fact that a monopoly is a representation of a market structure that lacks a proper market control. As the only seller within a market, a monopolistic com

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