Robert has a passion for making ice cream. Assume that ice cream parlors have a market structure of monopolistic competition. Be
tween the local Amy's, Cold Stone Creamery, Marble Slab, Ben & Jerry's, and Baskin Robbins, he has an uphill battle to break into the local ice cream market. Determine which suggestions below might help Robert differentiate his ice cream shop, JubJub's, so that he can garner some market power. Select all of the following ideas that will help differentiate JubJub's from the other ice cream parlors.
1. Changes his menu to include only the exact flavors of his competitors, including the ice cream flavor names.
2. Open JubJub's next to "The Triangle, " an area with an elementary school, a middle school, and a high school less than 5 minutes away.
3. Make ice cream using fresh organic milk and fruit, something none of the other competitors are doing.
4. Price ice cream at JubJub's to appeal to the luxury crowd - $100 a scoop.
The Ideas that will assit the JubJub's to diffrentiate from other icecream parlors are <u>"2, 3 and 4"</u>
Explanation:
Individual Robert can utilize Customer focusing on that pull specifically cates.ory of client and make advantage by lessening the opposition. Individual R can pick Location inclinations system under which he picks an area where he can draw in the potential purchasers or he can utilize one of a kind items to pull in individuals and separate items from contenders will give him showcase power.
for interest rates equal to or lower than 200%, the firms will use trigger strategies to support the collusive level of advertising
Explanation:
Using the below expression to determine the range of interest rates could these firms use trigger strategies to support the collusive level of advertising; we have:
where;
Then :
=
=
%
Thus; for interest rates equal to or lower than 200%, the firms will use trigger strategies to support the collusive level of advertising
<span>Potential sources of error for bmi come from measurement errors. BMI is calculated by your height and weight. If the height is calculated by seeing how tall you are and measured by inches. If you are not standing straight and slouch you height measurement is not accurate. Weight is measured on a scale in pounds. One must remove clothes to get an accurate weight. If any of these measurements are off, the bmi will not correct.</span>