Which of the 4 market structures a perfect competition a mon

Which of the 4 market structures (a perfect competition, a monopolistic competition, an oligopoly, or a monopoly) does the craft beer industry fit into & why??

Solution

In a Monopolistic competiton similar type with sight differnces in charecteristics is produced by the players in a market

In case of craft beer industry we can see beer is produced by the all beer producers with more or less differentiation but the beer hence craft beer indutry cones under monopolistic competition.