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Suppose there are two distinct industries - (1) the fast food industry and (2) the sporting good industry.Classify each industryinto one of following market structures

Suppose there are two distinct industries - (1) the fast food industry and (2) the sporting good industry.Classify each industryinto one of following market structures

- Perfect competition

- Monopoly

- Monopolistic competition

- Oligopoly

(Minimum wordsrequirement:100words)

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