For the following questions, which managerial economics theories/models would be relevant to use in order to answer them and why? 1) Which factors should McDonald's be aware of in order to make sure that they meet curent and new customer's needs? 2) How can McDonald's optimize their business model in order to increase their operating result and maintain their position in the market? 3) Which actions can McDonald's do in order to make sure their operating result increases?

For the following questions, which managerial economics theories/models would be relevant to use in order to answer them and why? 1) Which factors should McDonald's be aware of in order to make sure that they meet curent and new customer's needs? 2) How can McDonald's optimize their business model in order to increase their operating result and maintain their position in the market? 3) Which actions can McDonald's do in order to make sure their operating result increases?

Microeconomics A Contemporary Intro

10th Edition

ISBN:9781285635101

Author:MCEACHERN

Publisher:MCEACHERN

Chapter14: Transaction Costs, Imperfect Information, And Behavioral Economics

Section: Chapter Questions

Problem 13PAE

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