1. Based on the following information about businesses in the coffee Cafe industry, what type of industry in an economic sense is this industry (perfect competition or monopolistic competition or oligopoly or monopoly)?(1 mark)

The nature of the coffee Caf industry in Britain
Many sellers	Product Differentiation	Free Entry and Exit	Perfect Knowledge
Look on your high street near your workplace: Starbucks Costa Caffe Nero Taylor St Independents	All the shops have a different take on that perfect cup of what they offer you in store ...	Harrison & Hoole recently entered the market backed by Tesco. Starbucks in Australia left the market after failing to break past local chains and independents.	Customers know what each of the coffee chains do. They have a general knowledge of the process. They are free to choose.

2. Describe two ways in which the coffee Cafe industry is different to one of the other industry types (you need to select and name the two industry types being compared). (2 marks)