please answer this question in 10 minutes.i will upvote Analysis of the company's (Fontana Pharmacy) Competitive environment (current competitionand new entrants) This section must address the following: - Using four characteristics explainthe type of market structure that is associated with this company. - With the aid of a graph,compare the profit-maximizing output, price, and profit with that of a perfectly competitivemarket structure. - Describe three barriers to entry that is likely to prevent competitors fromentering the industry. - Use a demand and supply diagram to illustrate the impact on equilibriumprice and quantity if the market becomes more competitive. please show diagram

Please find the answer below. FONTANA PHARMACY: A retail business from Jamaica called Fontana…

Answered: Analysis of the company's (Fontana…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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