Question: please answer this fast FIRST POSTING: . Select an industry that belongs to any one of the four market structures - perfect competition, monopoly, monopolistic

please answer this fast

please answer this fast FIRST POSTING: . Select an industry that belongs

FIRST POSTING: . Select an industry that belongs to any one of the four market structures - perfect competition, monopoly, monopolistic competition or oligopoly. Explain why you think it belongs to your identified market structure based on the market characteristics o number or firms, (2 marks) . type of product, (2 marks) . entry/exit barriers, (2 marks) . market power (2 marks) Explain your reasoning and provide the rationale for your answer. Answer the above question in a minimum of 400 words. NOTE - DO NOT GIVE THE SAME EXAMPLE AS GIVEN ON ECENTENNIAL OR TEXTBOOK. DO NOT COPY EXAMPLES FROM THE INTERNET

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