Walt Disney World and Warner Brothers studios are both considered to be in the entertainment industry. Write 2 pages on the cost structures that these two businesses face. How similar are they? How different? Your essay must include at least two sources and be typed in size 12 Times New Roman font, double-spaced, and with one inch margins. Be sure to include an introduction and conclusion.
For this assignment you will:
Discuss the nature of the industries and the products they produced.
Consider similarities and differences in the production costs associated with these firms.
What items might be included in their fixed costs? What items might be included in their variable costs?
Your essay will be graded (out of a possible 35 points) with respect to:
Economic analysis (15 points)
Overall coverage and strong conclusion (10 points)
Effective communication (spelling, paragraph structure, etc.) (10 points