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3. [Module 5?] Given the following scenarios, identify the market structure that it best describes. Explain your reasoning. a. Davey's Pumpvit Real Good is the

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3. [Module 5?] Given the following scenarios, identify the market structure that it best describes. Explain your reasoning. a. Davey's Pumpvit Real Good is the only gas station in a 5D mile stretch of rural highway. b. Melanie has a wheat farm in the middle of thousands of other Montana wheat farms and checks the daily farm report to keep informed about wheat prices. c. Eli owns a large toy manufacturing plant that equally splits all toy sales with 3 other similar firms. These rms offer similar products but distinct enough to earn positive pro ts. d. Mar: owns a ozen yogurt shop in a town with several other similar yogurt and ice cream shops. These shops work hard to distinguish their products from the competition and usually offer lots of price promotions like \"buy one get one free" that make it difcult to earn more than break even prots

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