Solved: Define monopolistic competition and oligopolies, Other Management

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Define monopolistic competition and oligopolies

Question 1) Define returns to scale. Do you think that most businesses are increasing, constant, or decreasing returns to scale.

Question 2) Define monopolistic competition and oligopolies. Provide two real world examples.

Question 3) Define prisoner's dilemma. Provide a real world example.

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Other Management: Define monopolistic competition and oligopolies

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