You are given examples of 3 industries
- Online trading e.g. eBay, Amazon (pick this if your last name starts with A or B)
- Grocery stores e.g. Safeway, Giant etc ( pick this if your last name starts with D, E, G and I)
- Fast food restaurants e.g. Macdonalds, BurgerKing etc (Pick this if your last name starts with L,M and O)
- Gasoline retailers e.g. Sunoco, Exxon etc (Pick this is your last name starts with S or T)
Pick one of the industries above (based on your last name initial) and determine if it falls under a perfectly competitive market. If yes support your answer if no state why.
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