How does the fishball stall market in two different districts in Hong Kong, Causeway Bay and Shum Shui Po demonstrate the characteristics of monopolistic competition?
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Title: How does the fishball stall market in two different districts in Hong Kong, Causeway Bay and Shum Shui Po demonstrate the characteristics of monopolistic competition?

Essay Details:

Subject: Business
Author: Travis B
Date: August 6, 2016
Level: University
Grade: A
Length: 9 / 2514

Essay text:

The locations were chosen because they were both drastically different areas of Hong Kong in terms of the income and social status of the people passing by there, but they both had sold a similar homogenous product that is popular around Hong Kong, thus providing me with a broad yet practical range of data. The method of data collection would be mostly collecting the prices of the standard, more commonly sold version of the fishball product as well as the prices for the variations of it. Notes would be taken about the unique characteristics of the variations that might be trying to differentiate themselves as well as the environment that they are being sold at (ie Signs, hygiene, seating)...

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