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Assume Frank owns a caf along Chapel Street, where there are 10 other similar cafes within walking distance.What type of market structure is Frank in.?
- Assume Frank owns a caf along Chapel Street, where there are 10 other similar cafes within walking distance.What type of market structure is Frank in.? Explain.
- What can Frank do to maximise his chances of making an economic profit in the short run.
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