In the restaurant industry, a large number of restaurants cater to similar customer needs. however, each restaurant makes its product unique by offering a different cuisine, a different ambience, organic ingredients, or different services like home delivery. this differentiation allows each restaurant to set its own prices. thus, the restaurant industry best illustrates a(n)a. perfectly competitive structure. b. monopolistically competitive structure. c. monogopoly. d. oligopoly.

Option B

Explanation: Monopolistically competitive structure refers to a market structure depicting a combination of monopoly and perfect competition. In such markets there are large number of small sellers but due to minor differences in product, different firms can charge different prices.

In the given case, also different restaurants are charging different prices due to their different service offerings.

Thus, from the above we can conclude that the restaurant best illustrates monopolistically competitive structure.

answer; i believe that the correct answer is (strain);

typically a loft will include modern kitchen and bathrooms, this increases the price tag. lofts also have a good amount of open space, this requires more heating and electricity. lofts are also in older buildings, this means that maintaining the location increases the bill. keep in mind this is without talking about the high state and property taxes.

i hope this you! : )