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Consider the market for fast food and discuss who owns Kentucky Fried Chicken, Pizza Hut, Taco Bell, and the Habit Burger Grill. There are about
Consider the market for fast food and discuss who owns Kentucky Fried Chicken, Pizza Hut, Taco Bell, and the Habit Burger Grill. There are about 53,000 chain restaurants in more than 155 countries. Explain and discuss the Market Structure regarding these restaurants. Do we have a monopoly, oligopoly, or perfect competition among these restaurants based on what we discussed in Module 8?
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