Outline a plan that will assess the effectiveness of the mar

Outline a plan that will assess the effectiveness of the market structure for the company’s operations. Note:In Assignment 1, the assumption was that the market structure [orselling environment] was perfectly competitive and that the equilibriumprice was to be determined by setting QD equal to QS. You are now awareof recent changes in the selling environment that suggest an imperfectlycompetitive market where your firm now has substantial market power insetting its own “optimal” price.

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