Sample Report Below for Carrols Corporation.

Resources allowed:

• Annual Reports and financial statements from Investor Relations of the company selected.(https://investor.carrols.com/) (https://www.burgerking.ca/) (https://www.popeyes.com/)
• Provide References for all of the topic

Topic 1: Elasticity of Demand

• Explain the elasticity of demand for the products/services sold by this firm.
• Discuss the type and size of elasticity: products sold are elastic, or inelastic.

Topic 2: Cross and Income Elasticity of Demand

• Discuss the firm cross elasticity of demand experience by this firm.
• Explain the impact of income elasticity of demand on this firm.

Topic 3: Allocative Efficiency & Comparative Advantage

• Who are the major competitors? (Search internet: Major Competitor of X)
• Discuss the comparative or absolute advantage of the firm over competitors.
• Discuss the allocative efficiency and maximize its resources and reduce waste.