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1 To what extent would you agree that the fast food market is monopolistically competitive?
2 If firms like Noodles and Company make abnormal profits in the short run as a result of innovation and differentiation, what would you expect to happen in the long run?
3 In seeking to develop a new advertising and branding campaign which focuses on 'real' food, what signals are Noodles and Company hoping to give to the market?
4 To what extent do you think the market for fast food exhibits characteristics of being contestable?
5 What are the challenges facing firms in the fast food industry in capturing market share and growth given the market structure?
Presently the theater advertises 125 times per week. Assuming this is the only theater in town, and its marginal cost, MC, is equal to zero, Determine the profit maximizing ticket price for the theater.
Map out how you think your potential customer goes about making his or her purchase decision for the product/service your venture will market. What are the key internal influences (e.g., motivation) and external influences (e.g., personal influences)..
1. What happened when the Roosevelt administration re-embraced orthodoxy in government spending and taxes in 1937?
Two power plants are currently emitting 8,000 tons of pollution each (for a total of 16,000 tons). Pollution reduction costs for Plant 1 are given by MCR 1 = 0.02 Q and for Plant 2 by MCR 2 = 0.03 Q , where Q represents the number of tons of pollutio..
Use supply and demand to show why teams that win championships typically raise their ticket prices the next season.
For each risk factor use the data to explain what type of further research could be conducted to develop prevention strategies to reduce the behavior.
What is the economic issue highlighted when economists refer to the "market for lemons?" How is that issue relevant for health insurance markets?
Your company has a customer who is shutting down a production line, and it is your responsibility to dispose of the extrusion machine.
Ever since the outbreak of Covid-19, countries around the world suffered from high unemployment rates. People are displaced from their jobs and/or not able to f
How would you determine the expected value of the number of girls who will be selected?
Illustrate what would the peso-dollar exchange rate be if purchasing-power parity holds. Explain how can the organization use technology to change this balance for an advantage.
Are international strategies always just a special case of diversification strategies that a firm might pursue? What, if anything, is different about international strategies and diversification strategies?
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