Help Overview We have now explored a number of economic models that help to explain how markets work. We described perfect competition as a theoretical model of market efficiency in which no individual has complete market power, and we described several situations in which some market power exists in the hands of the producer, the purchaser, or both. For this assignment, you are required to write a paper analyzing and providing evidence of the market power and market efficiencies that exist in one of the industries described below. You will begin by describing the market structure of the industry, will then identify any market efficiencies or inefficiencies that may exist, and will conclude with possible ways in which the market you have chosen could be made more efficient. Thesis Components Your research paper must: . Provide a clear description of the market being analyzed, with a reputable source supporting your description. . Describe the key transactions that take place in this market. . Identify characteristics of the market that help to explain the market structure, with specific supporting evidence. . Clearly identify benefits that accrue from transactions. o What does the producer gain? o What does the purchaser gain? o Are there intermediaries involved in transactions? o Are there any positive externalities through which bystanders might benefit