Select a firm (a business not an industry). State its market structure (pure competition, monopoly, monopolistic competition, or oligopoly). Next, define the characteristics of the industry that support your selection for this firm. Lastly, describe and illustrate graphically (a complete MR=MC graph) the firm’s profit maximizing behavior in particular under the above-mentioned market structure.Please provide at least two sources with one quotation from each in body of paper with source . Sources must be after Jan 1, 2020 and the Web Address of each source must be provided. If these requirements are not met – I will not be able to grade your submission and you will receive a zero for the assignment.Conduct research from viable and credible sources such as, and not limited to, economic journals, periodicals, books, databases, and websites.