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https://www.npr.org/sections/money/2018/09/28/652766991/the-case-of-the-pricey-frito After listening to the podcast, answer the following 1) Can you determine what some of the fixed cost are producing Frito Lays? What are
https://www.npr.org/sections/money/2018/09/28/652766991/the-case-of-the-pricey-frito After listening to the podcast, answer the following 1) Can you determine what some of the fixed cost are producing Frito Lays? What are the variable cost ? 2) Why the bag of Fritos go up? What are the suspects ghat Stacy and Cardiff find are the culprits. 3) Can you determine from the podcast if we are elastic or inelastic for soda? What about Fritos Explain. 4) What did the aluminum do to the competition and how affect the price and market case of aluminum-make connections to the economic theories are learning from section 2are the Are they good or bad for Remember the of years Does you some as to the effect of on goods that are importedExplain 5) What has happened to the demand for soda and snack ? Why What connection can between soda and kind of goods are they and how are they consumed? 6) Given the market structure of competition and you have learned about very large number standard product no control over price, easy entry no price competition What do you conjecture/ hypothesize for about the market structure for soda and snacks
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