You are planning on starting a fast food restaurant to compete with Chick-fil-a, Zaxby's, Popeyes, and Bojangles. You want to be more upscale and your chicken will have a crispier skin. Which market structure are you entering into?

Q: There are many sellers of abayas and dishdashas in Muscat. Each abaya and dishdasha seller makes…

A: There are four types of market structures. They differ from each other on the basis of number of…

Q: How can brands create the perception of products through advertisement and social stratisfaction?

A: Businesses have their major events and aspect that needs to be catered for the economy has a driving…

Q: From a marketing strategy and customer intimacy perspective, to what extent do you believe companies…

A: In democratic government typically, it has been seen that there is both public and private sector…

Q: why monopolistic competition the food industry

A: Barriers to entry conveys the number of restrictions faced by a business firm in its attempt to…

Q: How is building a brand in a business-to-business context different from doing so in the consumer…

A: Business to business (B2B) refers to the trading practice between two businesses. It includes the…

Q: To what degree does the American economic system allow the restaurant industry to provide what we…

A: The American economic system favor's and supports the restaurant industry.  The Nation can't…

Q: how to maximize profit in monopoly, competitive market, oligopoly and monopolistic competition?

A: Monopoly is a form of market where there is a single seller in the market. This seller is a price…

Q: refer(s) to the unique set of psychological characteristics that tend to identify individuals in the…

A: A market is a place where the two parties of the trade such as the buyers and the sellers come and…

Q: Which market has market power or not and is it good to have market power or not:  1- competitive…

A: Monopoly market has the most market power than oligopoly, perfect competition and monopolistic…

Q: How to maximize profits In:  1- competitive market: 2-monopoly : 3-monopolistic competition :…

A: In a perfectly competitive market, there are number of buyers and sellers, selling similar products.…

Q: Who are our competitors? What are their marketing strategies?

A:

Q: You have a budget of $1,000. One popular store has the brand you like on sale for $850 because other…

A: Consumer surplus is the difference between the highest price a consumer is willing to pay and the…

Q: Explain the importance of reading a classification tree effectively? How could this benefit an…

A: This philosophy is all the more usually known as a classification tree effectively from information…

Q: Explain product differentiation ,  Name a product and show how it has been differentiated

A: Product differentiation: - Product differentiation is a market technique of making any product…

Q: Types of products in:  1- competitive market: 2-monopoly : 3-monopolistic competition : 4-oligopoly:

A: A market is a place where the buyers and sellers interact with each other and the exchange of goods…

Q: Number of firms in: : 1- competitive market: 2-monopoly : 3-monopolistic competition : 4-oligopoly:

A: A market is a place where the buyers and sellers interact with each other and the exchange of goods…

Q: After the production and marketing tests and the preparation of a marketing program, a process is…

A: There are several stages through which output will be generated and products will go through before…

Q: types of products in monopoly, oligopoly, monopolistic competition and competitive market

A: There is only one type of product in monopoly market. Also there is no close substitute to this…

Q: . Predict the effect higher margins for your products would have on your competitors.

A: Higher margins on product is the desirable situation for any firm . Because it increases the…

Q: Monopolistic competition market model for Coach Handbags showing a profit.

A: The way various industries are divided and differentiated depending on the degree and character of…

Q: Match the following combinations to the best of your knowledge. Product differentiation A. All…

A: The markets would be a place where the producers and consumers would engage in a deal and cause…

Q: Pick a business you use and tell which market they are in and why.

A: A market is a place where the buyers and sellers interact with each other party and determine the…

Q: Concentration ratios that fall in the range of 20 to 40 percent are common for monopolistic…

A: In a market, concentration ratio is used to analyze the market power or market share of a specfiic…

Q: There are several hamburger shops around you. You are trying to find ways to make your hamburger…

A: A monopolistically competitive firm will look to differentiate its product from its competitors as…

Q: Take into account the following: Do you think that ten to fifteen years ago, marketing technologies…

A: There is no way that marketing tools like Big Data and Predictive Analytics would have been as…

Q: The market structure where there are stringent government regulations before you can enter into it.…

A: A market is the collection of buyers and sellers. It is the system in which buyers and sellers…

Q: production of agricultural products such as wheat corn would best be described by which market…

A: The four types of markets differ from each other on the basis of various factors like the number of…

Q: What is meant by Promotion Mix? Explain its components

A: Promotion mix is the integration of various factors which helps in the promotion of goods. They are…

Q: Barriers to enter the market in : 1- competitive market: 2-monopoly : 3-monopolistic competition :…

A: In a perfect competitive market, there are number of buyers and sellers, selling similar products.…

Q: Between Monopolistic competition and Oligopoly, which do you think is better in an economy? Why?

A: Under oligopoly, there are some sellers and a large number of buyers can be seen while the decisions…

Q: What principle explains why tech companies are leaving California for Texas but movie studios are…

A: Perfect Competition refers to the condition of the market of a good or service where all firms sell…

Q: Competitive Advantages and Competitor Analysis

A: Competitive Advantage: It refers to the factors that make it easy for the companies to produce…

Q: Peers, culture, advertising and even confusion can be considered forms of: Supply Demand Influence…

A: Demand and supply may get influenced by many factors. Peers may influence demand by making someone…

Q: Volkswagen sells cars in many countries throughout the world, including Mexico and other Latin…

A: There is a culture difference between the countries. This would influence the position of Volkswagen…

Q: Market Structure Kinds of Barriers to Number of Prices: Long-Run: Advertise? Products: Entry: Firms:…

A: Market Structure depicts how firms are being differentiated and also categorised based upon the…

Q: Using the example of a monopolistic competition market player , highlight how it competes with other…

A: Monopolistic competition can be defined as the competition in which there are large number of firms…

Q: Profit maximizing condition in any market.

A: The process of ensuring the highest possible levels of both production and price are attained in…

Q: Your firm has a new strategy that will make its established product obsolete.  However, it will take…

A: There are many type of consumers are there in the economy. Some will buy the product at the time of…

Q: a. Suggests why prices tend to stay rigid b. Illegal in the United States. c. Suggests that…

A: The market is a location where the transaction of services and commodities takes place. It is…

Q: Consider the local music scene in your area. Name some of the local live bands that play in clubs…

A: There are numerous forms of the market such as perfect competition, monopolistic competition,…

Q: What do you think? Which style do you prefer- B2B or B2C marketing? What differences do you think…

A: A marketing which is directly dealt for any kind of decisions related to purchasing and is logically…

Q: what are the reason why business sell their products on a discount?

A: Offering discounts on buys is an approach to rapidly bring individuals into your store. Whenever you…