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Unformatted text preview: product differentiatio n Downward sloping Monopoly one Unique None No entry possible Yes price maker Downward sloping Oligopoly few Homogenous or differentiated Primarily non price competition Medium barriers (difficult entry) Firms can collude and form cartels to increase power (but high kinked Name: __________________ Date: ___________________ Characteristics of the Different Types of Market incentive to cheat)...
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