This is an online GRADED discussion question. Check the Chapter 8 Discussion rubric to see how you will be graded. You have to post your response before being able to see the posts of your classmates. FIRST POSTING: . Select an industry that belongs to any pre of the four market structures perfect competition, monopoly, monopolistic competition on oligopoly, Explain why you think it belongs to your identified market structure based on the market characteristics o number of firms. (2 marks) o type of product, (2 marks) entry/exit barriers, (2 marks) -market power (2 marks) Explain your reasoning and provide the rationale for your answer Answer the above question in a minimum of 400 words. NOTE . DO NOT GIVE THE SAME EXAMPLE AS GIVEN ON ECENTENNIAL OR TEXTBOOK. DO NOT COPY EXAMPLES FROM THE INTERNET." SECOND POSTING: Reply to the posts of at least one other classmate of your's in atleast 2 sentences or more. (2 marks)