Essay -Answer both of the following:
a) With the aid of Diagram explain the following terms: Perfect competition, Monopoly, Oligopoly and Monopolistic competition. (15 Marks)
AND
b) Compare and contrast a perfectly competitive market with the monopoly market. (15 marks)
Based on a Microeconomics Topic with a word limit of 2000 (+ or – 10% ) words. Topic is attached.
Do not use any journal articles.APS style referense . Use 5 text book for referense.
