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‘Individual problem 9-3: Snack food vendors and beer distributors earn some monopoly profits in their local markets but see them slowly erode from various new substitutes. When CA voted on legalizing marijuana, which side do you think that California beer distributors were on? What about the snack food vendors? Why? Individual problem 9-4: Relative to managers in more monopolistic industries, are managers in more competitive industries more likely to spend their time on reducing costs or pricing strategies? Froeb et al.’s Chapter 11: a) Individual problems: 11-4 and 11-5. Individual problem 11-4: How does a decrease in US interest rates affect the EU/US exchange rate? Individual problem 11-5: How will a dollar devaluation affect businesses and consumers in the twin cities of El Paso, US and Juarez, Mexico? ============================================= BUSI 620 Week 4 Test 1 (TWO DIFFERENT VERSIONS) FOR MORE CLASSES VISIT www.busi620mentor.com