Answer to Question #144260 in Macroeconomics for muhammad ali

Question

Q1: https://www.youtube.com/watch?v=XUBeH7VQaFY

Watch the above YouTube link. The Case Study on “Starbucks”. According to your understanding, explain with diagrams and examples, what are the strategies Starbucks established to grow the business in all over the world. Also what are the challenges and hurdles Starbucks faced geographically and how “You” will make the strategies to solve those problems.

b. Suppose that Zimal and Zawaiyar are the only consumers of perfumes in a particular market. The following table shows their annual demand schedules:

Price (Per Bottle of Perfume) Zimal’s Quantity Demanded Zawaiyar’s Quantity Demanded Market Supply
100 600 650 250
200 500 550 450
300 400 450 850
400 300 350 1050
500 200 250 1250
600 100 150 1450

Given the following information construct market demand curve and find the market equilibrium.

Answer 1

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