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Discussion: "Market Structures"
Please respond to the following:
• From the scenario, assuming Katrina's Candies is operating in the monopolistically competitive market structure and faces the following weekly demand and short-run cost functions:
VC = 20Q+0.006665 Q2 with MC=20 + 0.01333Q and FC = $5,000P = 50-0.01Q and MR = 50-0.02Q
*Where price is in $ and Q is in kilograms. All answers should be rounded to the nearest whole number.
o Algebraically, determine what price Katrina's Candies should charge in order for the company to maximize profit in the short run. Determine the quantity that would be produced at this price and the maximum profit possible.
Product line extension, or brand extension, means to add products to an existing product line to better compete in the industry and accomplish organizational goals. As the owner of a shoe store who wants to grow the business, what product will yo..
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Supermarket Survey of Snacks
Write a paper of approximately 250 words in response to these statements: Give an example of a time when social influencers affected your buying decision. Give an example of a time when individual influencers affected your buying decision.
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write a 750- to 1000-word paper in which you identify your favorite brand and explain why it is your favorite. in the
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