Suppose You Own Two Domino's Pizza Franchises in Your Town

question 9

Essay

Suppose you own two Domino's Pizza franchises in your town. After reading the latest issue of Pizza Monthly, you have concluded that both of your locations are generating below average revenue. You hire a local economics professor to conduct a pricing experiment. Here is her report:
Location 1: A 10% increase in price resulted in a 5% drop in the quantity demanded.
Location 2: A 10% increase in the price resulted in a 20% drop in the quantity demanded.
Using this information, how should you alter your pricing policy to increase your revenue at each location?

Understand the concept and implications of hostile work environments based on sex or sexuality.

Learn about historical shifts in male self-presentation and the creation of related derogatory terms.

Understand the influence of gender on professional and work-related contexts.

Comprehend the objectives and impacts of radical feminism on societal structures.