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Questions about markets where the number of sellers is finite and larger than one.

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Are market structures on a spectrum?

competitive structure, especially in the long run, while on the other end you've got a pure monopoly (single firm), and then you've got the two in between in the form of monopolistic competition and oligopoly … Your example could be reasonably justified, as an oligopoly by definition is a structure where a small no. of firms having a big share of the market. …
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