Select a firm. State its market structure (pure competition, monopoly, monopolistic, or oligopoly). Next, please define the characteristics of the industry or firm that support your selection of market structure. Lastly, describe and illustrate graphically the firm's profit maximizing behavior in particular MR=MC under the above-mentioned market structures or conditions.
Provide at least two quotations from your research and the sources must be after Jan 1, 2019.
Conduct research from viable and credible sources such as, and not limited to, economic journals, periodicals, books, databases, and websites. Each written assignment should contain a minimum of 300 words, but no more than 400 words.
Please provide the sources of your research in the body of the paper as well as a Works Cited page. All submissions will be checked for Plagiarism by 'Turnitin'. If you use another's words in your submission - make sure you use quotation marks and give credit.