The Profit: Corner Barkery (Part 1 0-15:00)
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First Name *
Last Name *
SCHOOL email address *
Class Period *
1.  What year did the Corner Barkery begin? *
2. What motivated the owners to open this business? *
Purpose
3. Is the expansion from one store to seven a long run or short run decision? *
1:55
4. What are your thoughts on the store layout? *
5. What do they mean by "margins" when explaining food choices and prices? *
Producer Surplus
6. In your opinion, why will profitability increase? *
FUTURE
7. Marcus is surprised by the $70 bag of dog food.  Does he think it is in the elastic region of the demand curve? *
Price elasticity of demand
8. In your economic opinion, why does Petco/PetSmart have a wide range of prices? *
9.  What is the goal and/or reason to expand? (6:13 *
She mentions scale...how is scale looked at by economists?
10. What does Marcus think they should be focusing on instead of expansion? *
11.  What do you think of their inventory control and storage? *
12. How have they survived this long? What have they sacrificed? *
13.  What does Marcus think of the other stores? *
10:15
14. What is wrong with not visiting the other locations often? *
15. The business is loss minimizing...why expand? *
12:30
16.  What is wrong with how the owners get paid and/or expand? *
17. What do you suggest as they move forward? *
Stop at John Hancock
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