When the first Pizza Hut opened its doors back in 1958, it o

Homework Assistance Economics When the first Pizza Hut opened its doors back in 1958, it o

Economics

When the first Pizza Hut opened its doors back in 1958, it o

When the first Pizza Hut opened its doors back in 1958, it offered consumers one style of pizza: i… Show more When the first Pizza Hut opened its doors back in 1958, it offered consumers one style of pizza: its Original Thin Crust Pizza. Since its modest beginnings, Pizza Hut has established itself as the leader of the $25 billion pizza industry. Today, Pizza Hut offers five styles of pizza, including the Original Thin Crust Pizza, Pan Pizza, and its Hand-Tossed Style. Explain why Pizza Hut has expanded its offerings of pizza over the past five decades, and discuss the long-run profitability of such a strategy • Show less

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