Select one such industry that you believe represents an oligopoly to write a report that addresses the following aspects. 1. Explain the characteristics of the chosen market. Identify the factors that contribute to the establishment of an oligopoly within this industry. 2. Provide a detailed discussion on the market imperfections that arise due to the oligopolistic structure of the industry. 3. Define the concept of market outcomes. Analyze how the market imperfections resulting from oligopoly influence these market outcomes in the industry. 4. How does the oligopoly market structure impact both economic efficiency and equitable distribution of resources in the industry? Considering these effects, is this market structure more efficient than perfect competition? Support your answer with evidence and relevant examples