Differences between and examples of Monopolies and Oligopolies

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Economics

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ECO Identify a firm which operates in monopolistic competitive environment and a firm which operates in an oligopoly environment. Explain how you concluded the firm was monopolistic competitive or an oligopoly. Apply Porter's five forces to explain: 1) What are the challenges to profits faced by each firm? 2) Which firm is likely to have a much higher rate of return? 3) What challenges to profits arise due to supply chain and intermediary consumers such as processor and distributors.
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