Match the characteristics with their market structure:
(a) MC = Price
(b) Firm will tend to set output so that it earns maximum profits.

A

(a) Pure Competition, (b) Pure Monopoly

B

(a) Pure Monopoly, (b) Monopolistic Competition

C

(a) Oligopoly, (b) Monopolistic Competition

D

(a) Pure Competition, (b) Oligopoly