ECON Mod 3 Case
Now consider the benefits and costs to businesses in the marketplace: Choose one of the following businesses that are now extinct: Circuit City, Pan Am, or Tower Records. Address the following questions in Part II of your assignment:
What were some of the long-run costs associated with operating the business?
Who were their competitors?
What were the factors that contributed to the decision to shut down the business?
Do you think your chosen company could have been successful by adopting a mutually beneficial partnership, similar to organisms in the wild? Why or why not?
