Activity 1. Identification Directions. Read the questions carefully. Identify the type of market structure for each item. 1) If Company A competes with several firms in the industry but with product homogeneous to their offers on shelves, what market structure does it enter? 2) If BCX Company competes with few large firms in the industry but with differentiated products they offer on shelves, what market structure does it enter? 3) If there are several barriers on the entry and exit of firms in the industry due to huge amount of capital needed, what market structure are they in? 4) If Company X is the only provider of electricity energy in Metro Manila, what market structure does it join? 5) ABM Supermarket has joined many and small marketers in the industry with several competitors selling the same products. What market structure does it join?