Using what you have learned so far about market structureand

Using what you have learned so far about market structureand the impact on supply and demand, write a 7 page report on thetopic: “Pharmaceutical Industry” (double-spaced)addressing the following questions:Fromresearch you have done on-line what is the market structure of thatindustry (e.g perfectly competitive, oligopoly, monopoly, other).Carefully explain why and what characteristics put it in that category.Whatare the implications of the market structure on the demand and supplycurve and price and quantity of the services offered?Whatis the implication of third-party payers like private health insurance orfederal programs like Medicare and Medicaid on demand and supply in thisindustry?APA references only