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Based on your understanding of each market structure described in Question 1, state which market structure you think each of the following businesses belong to.

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Based on your understanding of each market structure described in Question 1, state which market structure you think each of the following businesses belong to. Explain your choice with a short description of which characteristics of the chosen maket structure they display. Answers with no explanation will score only half the marks. a. Virgin Australia in the Australian domestic air travel market . b. A restaurant in Melbourne/Sydney CBD. C. Academies Australasia Polytechnic d. Yarra Tram in Melbourne or Sydney Trains in Sydney. e. Australia New Zealand Bank. Melbourne University. g. A medical clinic in the suburbs. h. The Village chain of cinemas

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