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Explain the effects of each of the following managerial decisions or economic influences on the profits of McDonalds, the fast food chain, referencing either basic demand and supply analysis or the Porter five forces framework (or both) in each case. Use graphical analysis to supplement your explanations where appropriate.

1. Taco Bell begins offering breakfast service.

2. Canada issues an EXPORT ban on potatoes.

3. Tyson and Cargill, the two largest meat processing companies, with a combined market share of 46 percent are allowed to merge.

 

4. A news story about the use of “Pink Slime” in McDonald’s hamburgers goes viral.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91226103

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