Friday, October 26, 2012

Journal 12: Pizza for Pesos


The video is basically illustrating a controversy of how pizza stores are gradually accepting Mexicans pesos for its costumer. This concept is basically controversial because some say that this simple action encourage illegal immigrants from Mexico and also claim that it is an insult to the United States and its culture. Utility is basically the idea of how much you are satisfied upon one specific good or service. Furthermore, utility is determined by one’s individual’s self-preferences, and how much one likes it or no. This simple concept is relating utility is because some Mexicans are actually willing to pay more in order to exchange a pizza that is actually caring about their people and they might be willing to consume more pizzas. Through out the United States, Mexican and Latino costumers are gradually become one of the crucial group among the entire population of the United States. For example, the business of mobile phones started to address their slogan in Mexican with will obviously gain attention from the Mexicans and they will find out about this specific firm and will increase the likelihood of them consuming specific goods and services. I think is it good to accept pesos, but also the firms also need to evaluate the consequences upon the negative sides. Perhaps some patriotic Americans will boycott such firms and will also decrease income of the firm, which is not profiting and benefiting the entire business as a whole. 

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