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Q. In 1958 the first Pizza Hut opened its doors back. It offered consumers one style of pizza: it's Original Thin Crust Pizza. Since its modest beginnings, Pizza Hut has established itself as the leader of the $25 billion industry of pizza. Nowadays, Pizza Hut offers five styles of pizza, including the Original Thin Crust Pizza, Pan Pizza and its Hand-Tossed Style. Elucidate why Pizza Hut has expanded its offerings of pizza over the past five decades and discuss the long-run profitability of such a strategy.
Advertising is powerfull strategy to make people aware about company products and services and for this case is to emphasize reliability and low price, this effort will help the company to sustain in this area and to develop a customer franchise a..
Elucidate the consumers opportunity set in a diagram. Explain how does this change alter the market rate of substitution between goods x and y.
How fares paid by consumers, in East and West Berlin after unification; given that living standards are much higher in West than in East Berlin. Assume the market for taxi cabs is competitive.
A man buys a corporate bond from a bond brokerage house for $925. The bond has a face value of $1000 and pays 4% of its face value each year. I f the bond will be paid off in at the end of 10 years , what rate of return will the man receive?
Assume that marginal utility of good A is 4 times the marginal utility of good b. The firm can compute all points on its total cost curve if it knows.
Past history says that tomorrow's demand for lettuce averages 250 boxes with a standard deviation of 34 boxes. Explain how many boxes of lettuce should the supermarket purchase tomorrow.
q1. within which sections of the production function is marginal product increasing?q2. explicate the link between
Use an indifference curve-budget line analysis to depict the situations, prior to the ban on smoking, of a student who smoked on campus, and of a student who did not smoke.
Calculate Marginal Revenue from demand if the marginal propensity to save is 0.05, how large is the multiplier.
Explain why global warming is not likely to be solved by the market mechanism alone. Utilize the terms externality and public goods in your explanation.
What if the pollution invades Baker's home and harms her health
Suppose a politician promises a program that will give Amanda and Britney 70 units of utility for each.
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