Information economics discussion question

  

Learning Goal: I’m working on a information economics discussion question and need guidance to help me learn.1.From your personal experience, what industry regularly follows the “Chase Demand” strategy?2. If you have to develop a plan for the cafeteria service in an University for the next academic year, will you use a “Chase Demand” strategy, a “Level production” strategy, or something else? Please elaborate your choice.3. Is it more expensive to hire workers as opposed to lay them off? Explain your reasoning.Please respond to at least one of the above three questions, before the deadline of midnight SaturdayRequirements: 100-200 words   |   .doc file

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