Economy assignment writing service

Assignment #1: Research Essay

The company is Baskin Robins (ice cream)

The research essay carries a weight of 20% towards the final grade. Each student will research and assess one selected company that will be chosen in consultation with the instructor. Students are encouraged to work on a company that they are familiar with. It can be a company they work for a company that they like, such as Starbucks, Tim Horton or Apple Inc. The essay will include comments on the following points but the comments are not limited to all these points. Students are encouraged to think about other relevant points that may be important for the chosen company they are researching. The essay will be about 10 page long (double spaced) excluding charts, tables and bibliography.

Due no later than 6 PM of the last class in the 7th week.

In your essay you will consider and address the following points:
1. Interesting title for the baskin robin’s
2. Introduction
3. Answer these questions carefully:
(a) What kind of market (Perfect Competition, Monopolistic Competition, Oligopoly or Monopoly) the company belongs to?
(b) What is the Price Elasticity of Demand for the goods that the company sells? Is the demand elastic or inelastic?
(c) What kind of income elasticity the product(s) of the company face?
(d) Who are their closest competitors?
(e) Are there any close substitutes or complements?
(f) Is the demand for the product of your chosen company growing? Explain why?
(g) Can the labor force of your chosen company be trained further to increase productivity and lower cost of production?
(h) As a business is your chosen company profitable? Will it be able sustain profitability?
(i) How can it make its profit grow?
(j) Any other relevant factors?

4- Conclusion
5- bibliography

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