Network externalities are important for a. gas stations. b. AARP, an organization that advocates for seniors. c. slot machines d. music concerts
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- Choose a particular product and service market you are familiar with. Explain the market failures and whether FCDO might help?Answer the question. Explain.Create a sale pitch for the Railroad in the 1800s. the presentation must be something that will hook the audience and convince them to invest in your product and why they should invest in your product. How mush will be your product.
- Economics What are two positive and negative externalities that would affect an online subscription box business? What are some solutions to correct those externalities?Which of the following involves signaling? Choose one answer. a. high wage rates attracting a larger pool of applicants for a job b. firms taking advantage of outsourcing when transactions costs are low c. reporting one's college GPA on a resume d. paying higher wages to workers who produce more e. requiring the sales staff to work strictly on commissionThere are several hamburger shops around you. You are trying to find ways to make your hamburger shop the most successful hamburger shop in your area. What is at least one way you would differentiate your shop from others?