Question: The online pre - prepared meals segment includes competitors Blue Apron, Cornershop, Instacart, Fresh Direct, Hello Fresh, and Shipt. What cost condition is consistent with
The online preprepared meals segment includes competitors Blue Apron, Cornershop, Instacart, Fresh Direct, Hello Fresh, and Shipt. What cost condition is consistent with this market structure?
Meanwhile, companies like Instacart and Blue Apron provide preprepared meals from either grocery stores as is the case of Instacart or in manufacturerprovided ingredientandrecipe meal kits as is the case of Blue Apron Due to the differences in negotiation of contracts between different kinds of suppliers ie a grocery versus a manufacturer the costs of producing both ingredientandrecipe meals and groceries must be higher than producing just ingredientandrecipe meals or delivering groceries individually. The online prepared meals segment likely exhibits economies of scope
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