What explains the success of the convenience stores

Assignment Help Macroeconomics
Reference no: EM13233509

1. In the last decade or so there has been a dramatic expansion of small retail convenience stores (such as Kwik Shops, WaWa, 7-Elevens, Gas ‘N Shops) although their prices are generally much higher than those in the large supermarkets. What explains the success of the convenience stores?

2. Many apartment-complex owners are installing water meters for each individual apartment and billing the occupants according to the amount of water they use. This is in contrast to the former procedure of having a central meter for the entire complex and dividing up the water expense as part of the rent. Where individual meters have been installed, water usage has declined 10 to 40 percent. Explain this drop, referring to price and marginal utility.

Reference no: EM13233509

Questions Cloud

Http server may initiate interaction client true or false : In HTTP, a server may initiate an interaction with the client. a)Answer True b)False
Compute the solubility product : Since it is only slightly soluble, assume that the volume of the solution does not change on dissolution, and calculate the solubility product. Solubility of InF3: 4.0 x 10-2 g/100. mL
Nationalism contribute to the origins of the war : In what ways did nationalism contribute to the origins of the war, its outbreak, and the course of the war? How did nationalism affect the Treaty of Versailles settlement?
Describe what is the ph of the solution : What is the pH of the solution? The K of hypochlorous acid is 3.8*10-8. Please explain how to get this using the Henderson-Hassalbach Equation.
What explains the success of the convenience stores : In the last decade or so there has been a dramatic expansion of small retail convenience stores (such as Kwik Shops, WaWa, 7-Elevens, Gas ‘N Shops) although their prices are generally much higher than those in the large supermarkets.
Made the spanish habsburg empire a surprise : What elements (religion, political, economics, social) made the Spanish Habsburg empire a surprise? Given these elements was the empire actually inevitable in light of late Medieval European state growth? Explain
What horizontal velocity need to program into the system : Your projectile launching system is partially jammed. It can only launch objects with an initial vertical velocity of 42.0 m/s, What horizontal velocity do you need to program into the system
Explain what was the concentration of the solution : A chemist wanted to determine the concentration of a solution of lactic acid, HC3H5O3. She found that the pH of the solution was 2.49. What was the concentration of the solution
Discuss whether there are too many standards organizations : Discuss whether there are too many standards organizations attempting to regulate the networking field

Reviews

Write a Review

 

Macroeconomics Questions & Answers

  What did the central banks do to stabilize the financial sys

What did the central banks do to stabilize the financial systems in 2007-2009 and Describe when and why central banks buy either their own currency or the currency of another nation in an effort to control exchange rates.

  Mpc change

Assume that economy starts at equilibrium and the mpc= 0.75. Determine what would be the effect of a $300 increase in government spending once all the rounds of the multiplier process are complete?

  Affects of investment of ldc

Affects of investment of ldc:-Pick one country that has done well with investment(All good point)-Pick one country that has failed with private investment.

  How you recommend to your management to implement project a

You have calculated the expected NPV of project A to be $3,758 and that of project B to be $3,114. Can you be certain that you should recommend to your management to implement project A.

  How a current account deficit is a very healthy thing

A current account deficit is a very healthy thing. If we can get foreigners to give us real goods and services and talk them into taking pieces of paper in return, why should we want anything different?" Do you agree or disagree with this statemen..

  What is the largest value that the herfindahl index take

Suppose that the most popular car dealer in your area sells 10 percent of all vehicles. If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car deal..

  Describe the differences in writing covered and naked calls

Describe the differences in writing covered and naked calls. Are risks involved in the two strategies similar or different.

  Identifying changes in aggregate expenditure line

Each of the following headlines describes an event that will have an effect on desired aggregate expenditure

  Make a monthly sales forecast for the firm

Make a monthly sales forecast for the firm for 2001. Why would the managers of the Chemical Company want monthly sales forecasts of this kind.

  Calculate the mean and standard deviation

Sandy James thinks housing values stabilized last months. To convince boss, intends compare current prices year prices. She collected 12 housing prices adds:

  What would a-1 ads need to know before creating promotions

Your new cyber cafe, Sips and Chips, will open in the next few weeks. You have hired A-1 Ads, an advertising agency to create the promotional materials for the grand opening. What would A-1 Ads need to know before creating the promotional material..

  Maximize bills utility subject to the budget constraint

Bill gets utility (satisfaction) from two goods, x and y, according to the utility function u(x,y) = ln(x) +ln(y). While Bill would like to consume as much as possible he is limited by his income, which is 100 dollars.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd