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Mike Leven is the president and co-founder of US Franchise Systems, one of the nation's fastest growing hotel companies. Its franchises include Microtel Inn & Suites, Hawthorne Suites and Best Inns and Suites. Which of the following is a problem US Franchise Systems is likely to experience with one of its franchisees?
Competitive Markets
Markets characterized by many buyers and sellers, where no single entity can control prices, and products are relatively homogeneous.
Occupational Differences
Variations in job types, responsibilities, and compensation across different professions or industries.
Muriel Niederle
An economist known for her research in experimental economics and market design.
Lise Vesterlund
An economist known for her research in the fields of public economics and experimental economics, focusing particularly on charitable giving and gender differences in competition.
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