Q. Think about a firm recently that you have done business with. Illustrate what industry does this firm belong to? For example, McDonald's is a firm in the fast food industry. What fall under market structure in this industry? What are the names of other firms in this industry? Is it monopolistic competition, monopoly, oligopoly also perfect competition? Classification of the firm, Justify? Use the characteristics/features of the different market structure to determine which market structure to classify your chosen firm.