Assignment Task
Select any two types of competitive market structure (i.e. perfectly competitive, imperfectly competitive/monopolistic, oligopoly, duopoly or monopoly).
Demonstrate and contrast the conditions under which each market operates and discuss the implications for companies operating within them.
Justify your conclusions with appropriate evidence.
Examples of such evidence might (but not exclusively) include:
Relevant microeconomic and macroeconomic theory.
The competitive structure of the market and the behaviour of firms and consumers within it.

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