![]() maximum revenue at which profit will be at least $580. In the United Kingdom, it was avaliable alongside the Mac Jr. Available for a limited time in some countries. ![]() The Grand Big Mac is a bigger version of the Big Mac. maximum quantity at which profit will be at least $580.į. McDonaldland Burger Portal in: Menu items, Sandwiches, Beef, and 6 more Grand Big Mac View source McDonalds - Grand Big Mac Dutch Grand Big Mac commercial. quantity at which revenue is maximized.Į. Why might actors want contracts structured that way? Why might producers be willing to agree to that, and how does this make the goals of actors and producers different?ġ1) A firm in an oligopolistic industry has the following demand and total cost equations: The total revenues that the movie brings in. Is this an example of price discrimination? Explain.ĩ) Would it ever make sense for a firm to charge a price at or below the cost of the product?ġ0) Superstar actors typically get contracts that specify that they get a percentage of "the gross", Anyone can buy a newspaper, and the value of the coupons easily exceeds the price of the newspaper for most consumers. Why might this be a profit-maximizing strategy?Ĩ) In the Sunday newspaper, there are usually coupons that you can clip and take to the store to Why does charging one group a lower price hurt anyone?ħ) Firms that make game systems like Playstation and Nintendo typically charge a price close toĪverage cost on the game system itself, and do not change that price even when the systemsĪre scarce or demand increases. Is this an example of third degree price discrimination? Explain.Ħ) Some charge that third degree price discrimination is unfair or that it reduces social welfare. 5) McDonald's charges a higher price for a Big Mac in New York City than it does in a small town in Iowa. Jump To how to make mcdonald39s french fries preview 1 Video Parts Jump To how to make mcdonald39s french fries preview 3 Video.
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