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Posted: **Wed Jul 06, 2022 6:33 pm**

: Question 1 A Illustrate The Supernormal Profit For Monopoly Market And Monopolistic Competitive Market Provide One 1 1 (27.88 KiB) Viewed 25 times

QUESTION 1 a) Illustrate the supernormal profit for monopoly market and monopolistic competitive market. Provide one (1) similarity and one (1) difference from the illustration. b) Differentiate between a perfectly competitive market and an oligopoly market. (10) (8)