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Economics

Explain how Edward Chamberlin merges the market structures of monopoly and perfect competition into the market structure of monopolistic competition.

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Please perform as an APA formatted paper. Please include 2 references Chapter 17
Explain how Edward Chamberlin merges the market structures of monopoly and perfect competition into the market structure of monopolistic competition.
Describe Joan Robinson’s major contributions to the history of economic thought.
Chapter 19
John Kenneth Galbraith has often been described as an iconoclast. Explain why this is appropriate.
Chapter 20
Explain why a negative externality in production results in too much of the good being produced from society’s perspective, whereas a positive externality results in too little being produced. How, according to Pigou, might such over and under-allocations of resources be corrected?

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