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The market for chicken restaurants, like KFC, Chicken Licken and Nandos, are said to be within the category of monopolistic competition. An explanation of the

The market for chicken restaurants, like KFC, Chicken Licken and Nandos, are said to be within the category of monopolistic competition.

An explanation of the theory of this market structure related to the behaviour of the typical firm with regard to costs, revenue and profit in both the short run and long run

(examine) the theory versus actual functioning of this type of market in South Africa

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