Question: Need help in this question Question 5 a. What kind of market structure is Ace Body Gyms operating within? Compare and contrast it with the

Need help in this question

Question 5 a. What kind of market structure is Ace Body Gyms operating within? Compare and contrast it with the three other market structures you have studied based on price, output and profit. Be sure to include graphs in your discussion. (20 marks) b. Explain the barriers to entry that might exist in the market in which Ace Body operates

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