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Basic MicroEcon Term Paper

This research aims to study the economic problems faced by hardware stores in Sipocot, Camarines Sur. Specifically, it seeks to understand the stores' efficiency in meeting consumer needs, durability of materials, and delivery times. It also examines differences between stores in terms of pricing, ease of transactions, and quality of materials. Finally, it identifies the economic challenges hardware stores face and strategies to address their problems.

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Erica Joy Escopete
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25 views

Basic MicroEcon Term Paper

This research aims to study the economic problems faced by hardware stores in Sipocot, Camarines Sur. Specifically, it seeks to understand the stores' efficiency in meeting consumer needs, durability of materials, and delivery times. It also examines differences between stores in terms of pricing, ease of transactions, and quality of materials. Finally, it identifies the economic challenges hardware stores face and strategies to address their problems.

Uploaded by

Erica Joy Escopete
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Statement of the Problem:

This research aims to study the basic economic problems being experienced by hardware
stores in Sipocot, Camarines Sur. Specifically, this research aims to answer the following;
1. How efficient and reliable are the hardware store in Sipocot, Camarines Sur in terms of:
a. Availability/Provision of specific needs of its consumers
b. Durability of construction materials
c. Time of delivery/distribution
2. Is there a significant difference between the selected hardware store in Sipocot,
Camarines Sur in regards of:
a. Price of construction materials
b. Feasibility of transactions
c. Quality/Practicality of materials
3. What are the (economic) problems or challenges being encountered by the hardware
stores?
4. What are the effective strategies of hardware stores to deal with the problems?
Rationale:
This research is about

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