market research

Please complete both questions below in 250 words minimum:

1. Choose an industry/product that interests you or a product that you are familiar with and use every day. Do some market research about that industry and try to determine which market structure applies to the industry for this product. Use concrete examples/explanations and explain in detail why this product operates in this market structure. Justify your answer.

2. Use the labor market supply and demand model (include a graph here) to explain the impact on COVID-19 on labor markets in the United States. Explain in detail, including any curve shifts and changes in equilibrium wage and quantity of workers.

AND

Create an economics meme by finding an image on the internet and generate a meme that reflects an economic concept covered in this class. Upload this meme as an attachment. There are many meme generators on the internet. This one is fairly simple to use: https://imgflip.com/memegenerator. (Links to an external site.)