How many major firms (up to top four if applicable) are there in the industryand what aretheir market shares?

A.How can the structure of the industry best be characterized: perfect competition, monopolistic competition, oligopoly, or monopoly?Briefly go overthe market characteristics to confirm your definition here.B.How many major firms (up to top four if applicable) are there in the industryand what aretheir market shares? A table showing the market shares is required here.