Prior to beginning work on this assignment, review Chapters 1 - 12 of your textbook,Principles of Microeconomics. Pick any ONE business/company of your choice. The company you choose can be a small local restaurant or a large multinational company. Based on your selection, answer the following questions:

In your paper,

• Describe the basics of hells kitchen- including the size of the business, types of goods/services the business sells, and possible barriers to entry/exit.
• Distinguish among four market structures: perfect competition, monopolistic competition, oligopoly, and monopoly in this order.
• Discuss what kind of market structure hells kitchen falls under. Why?
• Analyze whether the demand of the goods/services sold by hells kitchen are elastic or inelastic. Why?
• Discuss if there are any externalities involved. If so, explain how the externalities can be fixed.
• Discuss any roles that larger companies can play in promoting inclusion, equality and reducing poverty.