Did the firms go wrong by introducing many lowcarb products

Assignment Help Econometrics

Reference no: EM131323653

A few years ago, virtually every U.S. food company had seemed to "Atkinize," introducing lowcarbohydrate foods by removing sugar and starch. In 1999, few food or beverage products were sold as "no-carb" or "low-carb." In 2003, some 500 products carried such labels, and by 2004, more than 3,000 products made such a claim (Melanie Warner, "Is the Low-Carb Boom Over?" New York Times, December 5, 2004, 3.1, 3.9). Low-carb product sales rose 6% in the 13 weeks ended September 24, 2004, compared to double-digit gains in the corresponding period in 2003 and triple-digit gains in the beginning of 2004. By 2005, low-carb products were disappearing rapidly. Assume that food firms can be properly viewed as being competitive. Use side-by-side firm and market diagrams to show why firms quickly entered and then quickly exited the low-carb market. Did the firms go wrong by introducing many lowcarb products? (Answer in terms of fixed costs and expectations about demand.)

Reference no: EM131323653

Questions Cloud

Write a comment about the given post : United States is becoming more and more diverse. We are seeing patients with a broad range of perspectives regarding health which are influenced by their social and cultural backgrounds. The health care industries need to be competent in these dif..

Discuss concept of implied repo rate on index arbitrage : Discuss the concept of the implied repo rate on an index arbitrage trade. Determine the implied repo rate on this trade, and explain how you would evaluate it.

Problem regarding the redox reaction : Balance the molecular equation for the following redox reaction. What is the sum of the coefficients? Don't forget coefficients of one. Use the smallest whole number coefficients possible.

Chloride and hydrogen gas : What volume of 3.84 M hydrochloric acid is required to consume 4.12 grams of zinc to form aqueous zinc chloride and hydrogen gas?

Did the firms go wrong by introducing many lowcarb products : Did the firms go wrong by introducing many lowcarb products? (Answer in terms of fixed costs and expectations about demand.)

Explain the leadership theory you selected : Explain The leadership theory selected, The level of control situation, The type of leadership style, Situational attributes and Desired outcomes.

Calculate break even sales in units : Calculate the variable expense ratio - Calculate the contribution margin ratio and Calculate break even sales in units

Unknown nonvolatile nonelectrolyte : When 45.0 g of an unknown nonvolatile nonelectrolyte is dissolved in 500.0 g of water, the resulting solution freezes at -0.930 °C. What is the molar mass of the unknown substance? Kf = 1.86 °C/m for water.

What volume will it occupy at stp : The volume of a sample of nitrogen is 6.00 liters at 35oC and 740 torr. What volume will it occupy at STP?

User Account

All Pages