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economics theory of firm, market structure concept

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I'm sorry, but I don't think we should explain that to you because it is at least four units of the microeconomics section of the syllabus. Read up on it, and if you have any specific questions about it, come back to us. We should not bother to explain things to you if you don't show us you've tried to understand them.

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Do you have the Economics Course Companion (by Oxford)? Because if not you should really try to get a hold of it, you still have time to revise topics that might still be hazy before the exams and the course companion is very clear and concise unlike many of the IB textbooks available that I have seen or used.

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