Handout: Spectrum of Competition (Revision)
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12th September 2015
Revision
Spectrum of Competition
Where do the following firms fit on the spectrum of competition?
Agriculture, soap powder manufacturers, supermarket chains, TV repair firms, Rail companies (Virgin and First Great Western)
Summarise the key characteristics of the following types of market structure
Perfect Competition | Monopolistic Competition | Oligopoly | Monopoly |
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