mcm301 assignment no 2 solution send kar dain plz On Tue, Jun 7, 2011 at 11:31 PM, mc090404723 Muhammad Ahsan Usman < mc090404723@vu.edu.pk > wrote: THANKS FIZZA FOR GDB IDEA SOLUTION. PLZ SEND ME MGT201 AND MGT402 IDEA SOLUTION PLZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ THANKS AGAIN. On Tue, Jun 7, 2011 at 4:02 AM, Fizza Dastgir < mc090405569@vu.edu.pk > wrote: Total Marks 3 Starting Date Tuesday, June 07, 20 11 Closing Date Thursday, June 09, 2011 Question/Description The major oil producing countries had made a cartel named "OPEC" (oil producing and exporting countries) in 1960. OPEC exports oil to rest of the world; there are significant problems for entrance in the market for oil. In which market structure this case falls and why the demand curve of oil is relatively inelastic? NOTE: your answer must not exceed from 50 words. IDEA SOLUTION by FIZZA DASTGIR VU ASKARI Part A: In which market structure t...