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Food Trucks Case Summary

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1. How do food trucks affect local production possibilities curves for the restaurant meal industry? Explain your answer and provide a correctly drawn and labelled production possibilities diagram to illustrate your explanation.
The food trucks affected the local production curves for the restaurant meal industry by drawing more customers to their food truck meal industry. The more customers the food truck meal industry have, the lesser the restaurant’s customers would have. Therefore, the restaurant’s customers would decrease as the food truck’s customers increases and the business will eventually fail. For example, if initially, the restaurant meal industry doesn’t have a competition with the food truck meal industry, they have 200 customers a day and 0 customers for the opponent. And when Bobby started his food truck business, he drew 120 new customers to his new food truck that attracted 50 of the customers from the restaurant. Another food truck joined, and the customers increased to 170. The more food trucks and the faster they evolve, the more customers would be attracted, consequently, 0 customers left for the restaurant meal industry—the business fails.

2. How has the proliferation of food trucks affected the supply of prepared meals and prices in local markets? Explain your answer and provide a correctly drawn and labelled demand and supply diagram to illustrate your explanation.
Like what Bobby Hossain do when he wakes up early in the morning, he goes to the

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