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A. Basic ElementsA.1. Citation- Source of article: Telegraph- Article title: "Only French farmers will save us from the madness of Europe."- Date of publication: April 21, 2017- Pagination: pages B1.Country or countries described in article: FranceA.3. Economic sector described in article: Agricultural industryA.4. Time period described in article: 1957- 2015B. Evidence of Market StructureB.1. CharacteristicsFrances agricultural industry is a perfectly competitive market and its characteristics include:B.2. Freedom to enter and exit marketThere is a free entry and exit for the participants in this industry, and they usually produce unbranded homogenous units of output. For instance, the milk farmers.B.3. Similarly, the units of input are homogenous, such as labor. The farmers in France use...
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