Assignment 1 - Economics The demand and supply schedules for gum are given in the table. a. Draw a graph of the gum market‚ label the axes and the curves‚ and mark in the equilibrium price and quantity. b. Suppose that the price of gum is 70¢ a pack. Describe the situation in the gum market and explain how the price adjusts. c. Suppose that the price of gum is 30¢ a pack. Describe the situation in the gum market and explain how the price adjusts. d. A fire destroys some factories that produce
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assignment‚ I will choose Subway for my food business organization. This assignment will explain the SWOT analysis. Besides that‚ this will also explain the SWOT analysis for Subway which includes strengths‚ weaknesses‚ opportunities and threats. Firstly‚ I will introduce the definition and the role for SWOT. Then‚ I will introduce the history for Subway and products and services. Besides that‚ I also will explain more details about SWOT for Subway. The strengths for Subway include customizable menu
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INTRODUCTION Nowadays‚ the demand of air travelling is increasing quickly leads to the appearance of many low cost carriers which focus on popular class. This had made huge changes in the original service and pricing strategy. Easyjet is one of the most successful low-fare airlines in the World‚ which has a noticeable measure of pricing it product. “Price” is one of the “four Ps” in marketing mix but its role is different from the other Ps: “promotion”‚ “product” and “place”. By studying about
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overall. At times‚ it seemed as though I sold more when it was cooler weather compared to when it was hot weather. But‚ the profit margin was much better when I raised my prices for the hot days. When it is hotter out and people are thirsty the demand is higher for the cool product‚ thus I was able to charge more money and make more profits. I enjoyed this activity and the challenge that it provided. It was fun to figure out how many pitchers/cups of lemonade that I thought I might need
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Subway Riding In Shenzhen Twenty months ago‚ I left New Jersey‚ America‚ and came to a new city named Shenzhen. When I came here at first‚ I wasn’t sure what Shenzhen would be like‚ and if I would like it. I started to fall in love with Shenzhen when I first rode the Shenzhen subway. I have to admit that subway riding in New York was definitely not on my favorite list. In New Jersey‚ there was no subway. However I remember that when I went to my mother’s office in New York City‚ we would take
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1.0 INTRODUCTION Subway was established in 1965 when 17 year-old Fred DeLuca collaborated with Dr. Peter Buck and opened the first Pete ’s Subway in Bridgeport‚ Connecticut. Subway didn ’t start franchising until 1974‚ when its first franchise place situated in Wallingford‚ Connecticut. The international headquarters for Subway Sandwich restaurants and franchises are located in Milford‚ Connecticut ( Retailindustry.about.com ‚ 1965) Presently‚ the SUBWAY® brand is the well-known submarine sandwich
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Clainos Chidoko‚ et.al.‚ Int. J. Eco. Res.‚ 2011 2(5)‚ 1-13 ISSN: 2229-6158 ECONOMIC CHALLENGES OF SUGAR CANE PRODUCTION IN THE LOWVELD OF ZIMBABWE 1 Clainos Chidoko and 2Ledwin Chimwai Department of Economics‚ 2Department of Banking and Finance Great Zimbabwe University‚ Faculty of Commerce Box 1235‚ Masvingo‚ Zimbabwe 1 Abstract: The study sought to investigate the economic factors affecting the productivity of small scale sugar-cane farmers in the Lowveld of Zimbabwe with particular
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to gain economics of scale. (b) the demand for barr’s product is probably price elastic. Explain how this may influence the way in which barr’s markets it product. (5’) Definition of “the price elasticity of demand”: price elasticity is a kind of measurement which used to measure sensitivity of changes in quantity demanded in response to the changes of price. And for A.G. Barr‚ the main product‚ Irn-Bru‚ is a kind of product which its price elastic to demand‚ in other word means coefficient elastic
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Toronto’s Subway- Time to Expand All over the world‚ underground subway systems are relied on by millions of commuters to get to where they need to be on a daily basis. Large cities are defined by their public transit system and in many cities they are the “go to” method of transportation through the city. In New York City (NYC)‚ the fastest way to commute is by underground subway and the NYC subway transports about 7.5 million people every day. There are many benefits from having a very good and
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Sector‚ To What Extent was the Subway Diet Effective as a Strategic Ploy?” Gene Allen Vega Institute of Business and Law (IBAL) Bournemouth University BA (Hons) Accounting and Business Date of submission: 19th April 2007 TABLE OF CONTENTS Summary…………………………………………………………………………. 1 Chapter 1: Introduction…………………………………………………………... 2 1. Background…………………………………………………………... 3 2. General Research Area………………………………………………. 5 1. The Subway Franchise………………………………….... 5
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