Heinz makes most of its money from ketchup and prepared packaged foods that are substitutes for fresh

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Heinz makes most of its money from ketchup and prepared packaged foods that are substitutes for fresh foods. From figure, we see that its revenue tends to be low in the second quarter (May, June, and July). Can you provide a possible reason for this pattern?

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Managerial Economics and Strategy

ISBN: 978-0321566447

1st edition

Authors: Jeffrey M. Perloff, James A. Brander

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