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Name: Class: Date: ID: A CH 1516 homework Essay 1. How do the characteristics of perfect competition and monopolistic competition differ? 2. Why is collusion about the price and amount of output impossible
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Ch 15-16 homework refers to the assignment given in chapters 15 and 16 of a specific course.
Students enrolled in the course related to chapters 15 and 16 are required to submit the homework.
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The purpose of ch 15-16 homework is to assess the understanding and knowledge of the students related to the topics covered in chapters 15 and 16.
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monopolistic Magnavox oligopoly duopoly Sony HHI collude maximizing collusion payoffs CH consumers equilibrium independently earns strategies cartel output firms

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