Does pure competition, as a market model, have any disadvantages for a) producers, and b) consumers? Give examples to substantiate your response.

Considering all that you have learned about pure competition, post a response to the following:
Pick an industry, not mentioned in the text, which meets the criteria for perfect competition. How does this industry fit into the perfectly competitive model?
Does pure competition, as a market model, have any disadvantages for a) producers, and b) consumers? Give examples to substantiate your response.
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Page 2
You have learned that in the long run, pure competition leads to productive efficiency and allocative efficiency. Given this fact, post a response to the following:
Is pure competition a “desirable” market model for all industries? Should industries aspire for pure competition? Why or why not?
Think of an industry that does not function in a purely competitive market currently. Describe the changes that would be required, if this industry wanted to function under pure competition.