If you visit a book market, you will find the sellers are vying for your attention as you have wide choices among the competing products from which own to choose. On the other point of view, if you want to enter the market by writing and publishing books, you will find book business is not a very profitable one, because for every highly paid writer, there are hundreds of struggling ones with a exceptions. Required: What is the name of the market where the book industry holds its position under the different types of market (like monopoly, perfectly competitive etc. to name a few)? Describe with examples about different characteristics regarding this market