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Q4: If both markets (in Q2 and 3) had the same cost curve what can you...

Q4: If both markets (in Q2 and 3) had the same cost curve what can you conclude about cost of production, price and output? (I will include the mentioned questions for reference, however no specific numbers are given. Strictly to know what markets it is asking about)

Q2: draw a graph showing the long run equilibrium for perfect competition. 2 points

Q3: draw a graph showing a long run equilibrium for monopolistic competition. 2 points

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