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Compare and contrast the four major market structures (Monopoly, Perfect Competition, Monopoly, Monopolistic competition, and Oligopoly) on the following characteristics:

Number of firms
Firms’ role in determining price.
Long-run economic profit
Barriers to entry or exit from the industry.
Type of product
Key Characteristics
Examples of the market structures

These characteristics should be bolded and underlined.
The body of the paper (not counting the reference and title page) must be double-spaced and at least two pages in length using 12-point font, 1-inch top and bottom margins, and 1-inch side margins. The paper must be submitted by Sunday, June 23, 2024.

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