Uniqlo is a popular global clothing brand with 22 stores in Australia and (a huge) 2,249 stores around the world.

(A)Identify the type of market structure Uniqlo operates in, and justify your answer.

(B)Do you think Uniqlo faces more price competition in Australia or around the world? Explain your answer.

(C)Compare the market structure Uniqlo operates in to perfect competition. Specifically, compare the market price and quantity for the two markets