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Many U.S consumers want their meals in a hurry, but with more service and higher quality food than in traditional fast food restaurants. The result has been the rise of fast casual restaurant chains, such as Daphne’s Greek Café, Boston Market, and panera Bread. The intent of fast casual restaurants is to deliver a quality home cooked meal, such as roast chicken and fresh salad and bread, in a comfortable setting, and quickly. Many consider the concept of fast food, and casual to be a major restaurant niche that will be as important as fast food, and perhaps even surpass it in the coming years. How are fast food casual restaurants positioned in the generic strategies matrix compared with the major fast food restaurants? Do you think this concept of fast food casual can be brought to countries outside of the United States and Canada where few such restaurants exist today? Be specific in your answer about what country you are thinking of and why the concept would or would not work in that country?
Suppose each monopolist is allowed to sell both domestically and export the good. At what price will the good be traded? What quantity will each firm sell domestically and what quantity will it export?
Should a nation's income be distributed to its members according to their contributions to the production of total income or according to the members' needs?
Utilize these values at this point on demand to make the subsequent computations.
Discuss how policy makers can incorporate the Domestic Climate Policy Framework into a widely accepted environmental policy. Provide examples
Mike’s Mechanical Men produces radio controlled robots. If its average costs of production are $25, its fixed costs equal $2,500, and it charges $75 per robot, how much revenue must be generated to earn a profit of $5,000?
What would be the resulting effect on equilibrium price level? Explain. What will be the effect of the different tools of fiscal policy to stabilize the economy?
Government says that firm X must pay $1000 in taxes simply because it is in business of producing a good. What cost curves if any does this tax affect and does MC change if TC changes.
Write an equation for predicting sales if Austen assumes that the percentage change in sales is twice as large as the percentage changes in income and advertising
Illustrate what are characteristics of large firms conducting both B2B and B2C transactions that require more robust and capable electronic commerce systems.
A poor economic analysis technique for ranking alternatives is ______________.
illustrate what sales output and price should it set. what strategy would you recommend.
Volumetric oil reservoir with pressure dropped from 2000 psi to 1000 psi with 30 MM STB oil was produced. Gas oil ratio was 900 Scf/ STB at 1000 psi , while the current gas oil ratio is 2200 scf/STB . Porosity= 20% , Sw= 0.15 .the temperature of the ..
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