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Question

Define the following terms :-

  1. Describe the Current Market Conditions Competitive Analysis
  2. Analysis of the Competitors and the Customers
  3. Comparative Advantages of Monopolistic Markets and International Trade Opportunities
  4. Factors that will affect Demand Supply and Prices of the Product of the Product
  5. Factors that will affect Total Revenue
  6. Factors that Influence Productivity
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Solution Preview

Monopolistic competition is the type of market system that I would choose. It can be defined as a type of market that combines the elements of a monopoly and perfect competition. In perfectly competitive market there are plentiful competitors in the market. The difference that arises is that each competitor is sufficiently 

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