2. Given that business operations have changed from the market structure specified in the original scenario...

2. Given that business operations have changed from the market structure specified in the original scenario in Assignment 1, determine two (2) likely factors that might have caused the change. Predict the primary manner in which this change would likely impact business operations in the new market environment.

(The original market structure was perfectly competitive and has changed to an imperfectly competitive market.)

Expert Solution

Rahul Sunny answered 2 years ago

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