supply and demand

12 Study the picture below and answer questions that follow ANGE Source: google joe photos 1 2. 1 Identity the market structure represented by the above picture 1. 2 2 Manie one other example of the above market structure. 1 2.3 Briefly describe the term price taker. 1:2.4 Why are there no profits in the Perfect market ? 1 2.6 Differentiate between perfect and imperfect markets