Nando's the past 4 Lion Burger King Steers weeks dailyinvestor.com Visit some of the businesses/ restaurants listed above and conduct market research to help you answer the following questions. QUESTION 1 Interview someone in management in any of the above establishments and answer the following questions. 1.1 Name the market structure illustrated above. (1) 1.2 What is the nature of the product sold in this market structure? (1) 1.3 Define the term "hybrid" as used to describe this market structure. (2) 1.4 Draw a well labeled demand curve of firms in this industry making reference to the business you visited. (4) 1.5 Discuss at least ANY 4 ways in which the business you visited competes with other businesses in this market structure. (8) [16]
