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lozanna [386]
3 years ago
8

Suppose a local McDonalds increases prices of hamburgers form $2 to $2.50. What will happen to the quantity of McDondalds hambur

gers demanded?If McDonalds raises the prices of its hamburgers then...
Business
1 answer:
Dmitry [639]3 years ago
5 0

Answer: Decrease in the quantity demanded.

Explanation:

According to the law of demand, other things remains constant, if there is increase in the price of a commodity as a result the quantity demanded for that commodity decreases.

In this case, McDonalds increases the price of its hamburgers, so as a result the quantity demanded for the hamburgers decreases. This is due to the higher prices as it will be more expensive for the consumer to buy hamburgers at the prevailing prices.

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Is the cap on inflows in calculating net outflows binding? is the bank in compliance with the lcr rule?
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Inflow, defined as total inflow minus surface evaporation and groundwater loss, can be obtained from the volume conservation equation, inflow = outflow + (water level change) x area / (time step). increase.

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A decrease in government spending (this question is Extra credit) a. increases the interest rate and so decreases investment spe
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