Business, 02.08.2019 06:00, Rainey1664
[related to solved problem #1] mcdonald's typically serves breakfast until only 10: 30 a. m. on weekdays and 11: 00 a. m. on weekends. in 2015, the company began to experiment with serving breakfast all day at various locations in san diego. several owners of mcdonald's restaurants, however, point out that offering breakfast 24 hours a day presents two logistical problems: (1) burgers and other meats need to be cooked at a higher temperature than eggs, so it would be difficult for employees to set the grill at the right temperature for both foods; and (2) scrambled eggs require employees to continually stir, while hamburgers don't require this attention. in addition, some customers might buy the cheaper breakfast than the more expensive lunch or dinner meals. source: associated press, "mcdonald's gives all-day breakfast a test try," usatoday. com, march 30, 2015; and susan befield and leslie patton. "what so hard about a 24/7 mcmuffin? " bloomberg busines week, may 12, 2013. from an economics perspective, to determine whether to serve breakfast all day, mcdonald's should
Answers: 1
Business, 22.06.2019 08:00, sanociahnoel
At a student café, there are equal numbers of two types of customers with the following values. the café owner cannot distinguish between the two types of students because many students without early classes arrive early anyway (i. e., she cannot price-discriminate). students with early classes students without early classes coffee 70 60 banana 51 101 the marginal cost of coffee is 10 and the marginal cost of a banana is 40. the café owner is considering three pricing strategies: 1. mixed bundling: price bundle of coffee and a banana for 161, or just a coffee for 70. 2. price separately: offer coffee at 60, price a banana at 101. 3. bundle only: coffee and a banana for 121. do not offer goods separately. assume that if the price of an item or bundle is no more than exactly equal to a student's willingness to pay, then the student will purchase the item or bundle. for simplicity, assume there is just one student with an early class, and one student without an early class. price strategy revenue from pricing strategy cost from pricing strategy profit from pricing strategy 1. mixed bundling $ $ $ 2. price separately $ $ $ 3. bundle only $ $ $ pricing strategy yields the highest profit for the café owner.
Answers: 1
Business, 22.06.2019 11:00, pum9roseslump
While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino royale. what implication does she encounter when she goes to collect her prize?
Answers: 1
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