question archive What are the similarities and differences between the industrial organizations of perfect competition and monopoly? What are the different assumptions about them and the different conclusions reached about pricing, production, and profits due to those different assumptions?

What are the similarities and differences between the industrial organizations of perfect competition and monopoly? What are the different assumptions about them and the different conclusions reached about pricing, production, and profits due to those different assumptions?

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What are the similarities and differences between the industrial organizations of perfect competition and monopoly? What are the different assumptions about them and the different conclusions reached about pricing, production, and profits due to those different assumptions?

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