In what kind of market do you think your franchise operates, Ask an Expert

Economics

Assume that you've recently purchased the franchise pizza restaurant.

1. In what kind of market do you think your franchise operates (perfectly competitive, monopoly, monopolistically competitive, oligopoly)? What are the specific characteristics which make it this type of firm?

2. What kind of competition does your firm face? Who are some competitors?

3. How do you think your firm can increase its market power?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9305793

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