Please be clear

4.) The Firm Under Perfect Competition Industries differ dramatically in the number and size of their firms. Perfect competition is a market structure in which firms are numerous and small. First, discuss the conditions for perfect competition. Then, discuss the perfectively competitive firm. Next, compare the perfectively competitive firm to monopoly power. Lastly, give one example of the perfectively competitive firms and one example of monopoly power from a recent news article. 5.) Limiting Marketing Power: Regulation and Anti-Trust To protect the public interest from monopolies, government uses anti-trust policy to prevent acquisition of monopoly power. In addition, some industries are regulated by rules that constrain firms' pricing. First, discuss how the government uses anti-trust policy to prevent acquisition of monopoly power. Then, discuss one industry that is regulated by rules that constrain its pricing. Lastly, give an example of each from a recent news article