Business, 25.08.2020 17:01, taheraitaldezign
Pepe Pieman believes that pizza is a much more versatile meal than most people realize. As the national marketing manager for Pizza Pals, he has watched how consumers ate up barbecue pizza, Hawaiian pizza, Mexican pizza, and other new and unique combinations. His superiors, however, met his suggestions for other unusual pizzas with a negative response. Even some of his teammates laughed at his ideas. Pepe's confidence in his ability to understand the market has led him to focus on planning a business of his own. Pepe realizes that he will take a risk when he leaves his job with Pizza Pals and sets off on a new endeavor: Pepe's Pizzazzeria. Pepe is excited about the potential of profitably catering to the unmet desires of pizza consumers.
1. Given Pepe's willingness to accept the risks of opening and running Pepe's Pizzazzeria, he is clearly an example of a(n):
a. arbitrageur.
b. intrapreneur.
c. gambler.
d. entrepreneur
2. Pepe remains confident and enthusiastic even though his colleagues have poked fun at his ideas. This shows that Pepe is:
a. self-disciplined.
b. By Self-nurturing
c. self-generating
d. auto-inspirational
Answers: 3
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After the price floor is instituted, the chairman of productions office buys up any barrels of gosum berries that the producers are not able to sell. with the price floor, the producers sell 300 barrels per month to consumers, but the producers, at this high price floor, produce 700 barrels per month. how much producer surplus is created with the price floor? show your calculations.
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Pepe Pieman believes that pizza is a much more versatile meal than most people realize. As the natio...
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