Arrange the following market structures in the increasing order of pricing power to firms.
(A) Monopolistic competition
(B) Perfect competition
(C) Duopoly
(D) Monopoly
(E) Oligopoly
Choose the correct answer from the options given below:
1
(B), (D), (A), (E), (C)
2
(B), (A), (E), (C), (D)
3
(A), (C), (B), (D), (E)
4
(D), (C), (E), (A), (B)