The way McDonald's organize its marketing department is by <span>organizes its marketing team to align with its Customer segments.
As the result of this, McDonald managed to came up with several products that target separate customer segments. They had the normal Junkfood menus, Healthy menu such as salad and chicken breast to target health enthusiast, and kids meal</span>
C. A teacher (it is always good to consult an adult regarding rumors or school wrong-doings)
Answer:
the price elasticity of demand for the firm's output
Explanation:
A monopoly is a single firm operating an industry.
The degree to which monopolies can mark up prices depends on the price elasticity of demand of consumers.
Price elasticity of demand measures the rate at which quantity demanded changes when price changes.
If the demand for the product of a monopoly firm is inelastic, firms can mark up their prices to any degree in the absence of government regulation.
If the demand for the product of a monopoly firm is elastic, it limits the degree to which the firm can mark up prices because if price is increased to a certain level, quantity demanded falls.
Stagflation is said to occur when the economy experiences high inflation, high unemployment and slow growth. Stagflation in the 1970s was caused by the fall of the Bretton Woods system and the 1973 oil crisis. The prices of oil increased as a result of an oil embargo started by the Organization of Arab Petroleum Exporting Countries. This eventually had long run effects on the global economy.
This is a true statement if that's what you were looking for
