Part II. Enumeration Directions: Observe the behaviour of the nearest market in your locality. In the columns are the characteristics of the different market structures. Describe the market structures of the industries in the market as to number of sellers, pricing power, type of goods or services, and barriers to entry and exit. Complete the chart. MARKET STRUCTURES AND CHARACTERISTICS MARKET NO. OF CONTROL OVER TYPE OF BARRIERS TO STRUCTURES SELLERS/ PRICE/PRICING GOODS or ENTRY/ FIRMS POWER PRODUCTS EXIT TO MARKET Pure/Perfect Competitors Monopolists Oligopolists Monopolistic Competitors