what market structure are each of the below Mark as follows

what market structure are each of the below. Mark as follows:

PC for perfect competition

MC for monopolistic completition

O for oligopoly

M for monoploy

cosmetics

quick lube service stations

gasoline station

wheat

oil industry

clothing shops

colas

films

wholesale flower market

pharmacies

stock market

Solution

a) Cosmetics are monopolistic competition.

b) quick lube service station is a monopolistic competition.

c) Gasoline station is a perfect competition.

d) Wheat is a perfect competition.

e) Clothing shop is a monopolistic competition.

f) Colas is a monopolistic competition.

g) The film is an example of oligopoly competition.

h) wholesale flower market is an example of the perfect market condition.

g) Pharmacy is an example of oligopoly competition.

h) The stock market is an example of perfect market condition.

what market structure are each of the below. Mark as follows: PC for perfect competition MC for monopolistic completition O for oligopoly M for monoploy cosmeti

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