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GOALS
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Understand the four market structures
1.Perfectly competitive market2.Monopoly3.Oligopoly4.Monopolistic Competition
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Be aware of the pricing and outputdecisions of firms operating in eachstructure
 
M
ARKET STRUCTURE 
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BUSINESS ENVIRONMENTin whichthe firm operates, thecharacteristics of which influencethe PRICINGand OUTPUT decisionsof the firm.
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