Does this "stiff competition" mean that the demand curve for McDonald's Chicken McNuggets is horizontal? Briefly explain.

Business

1 answer:

blagie [28]3 years ago

8 0

Answer: I found the complete question on Google:

By 2017, McDonald's had stopped selling Chicken McNuggets and other products made from chickens fed antibiotics. The change increased McDonald's costs, but an article in the Wall Street Journal noted that "...McDonald's ability to raise its prices is limited because of stiff competition."Source: David Kesmodel, Jacob Bunge, and Annie Gasparro, "McDonald's to Curb Antibiotics in Chicken," Wall Street Journal, March 4, 2015. Does this "stiff competition" mean that the demand curve for McDonald's Chicken McNuggets is horizontal? Briefly explain.

And the correct answer is: "B. No, the demand curve is not horizontal because Chicken McNuggets are not identical to other chicken products.".

You might be interested in

A traditional cover letter’s format includes an introduction, a __________and a_____________ paragraph.

ehidna [41]

A traditional cover letter’s format includes an introduction, a body and a closing paragraph.

4 0

3 years ago

Why the companies need to extend their product life cycle?

just olya [345]

Answer:

because of the product and the correct one is the one of the product is not working properly

8 0

3 years ago

Choose the appropriate stage of the venture life cycle in which the following activities would occur.

Aleksandr [31]

Answer:

Transition from one-person leadership to team management leadership - Growth
New-product development - Innovation or decline
Search for capital - Start-up
Increased competition - Stabilization
Venture assessment - New-Venture Development
Attempts to acquire other firms - Innovation or decline
Consumer indifference to the entrepreneur's goods or services - Stablization
Accumulation of resources - New-Venture Development
Major changes in entrepreneurial strategy - Growth
Development of an effective entrepreneurial team - Start-up

7 0

3 years ago

Ruis Corporation, a publicly held corporation, has thirty-five members on its board of directors. In order to conduct business e

Oliga [24]

Answer:

illegal

Explanation:

According to my research on the rules or regulations that a corporation must follow, it can be said that based on the information provided within the question what was done is illegal. Based on the Sarbanes-Oxley Act every entity titled as a corporation is required by law to have an audit committee. Since one was not created for the Ruis Corporation it is technically an illegal corporation.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0

3 years ago

25 points --

Ilia_Sergeevich [38]

Answer:

1 and 3 or A and C

Explanation:

I did it on edgnuity mark me brainliest

8 0

2 years ago

Does this​ "stiff competition" mean that the demand curve for​ McDonald's Chicken McNuggets is​ horizontal? Briefly explain.

Does this "stiff competition" mean that the demand curve for McDonald's Chicken McNuggets is horizontal? Briefly explain.