so far, you have studied two market structures: perfect competition and monopoly. you are now studying monopolistic competition. as the name suggests, monopolistic competition falls between monopoly and perfect competition. assign the characteristics listed below to the appropriate market structure. items (8 items) (drag and drop into the appropriate area below) one sellerlow barriers to entry and exitdifferentiated productsfree entry and exitpossible short run profits but no long run profitssimilar productssignificant barriers to entry and exit