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Business, 05.04.2021 23:50 guzmangisselle

Suppose a local​ McDonald's hamburger restaurant raises the price of its cheeseburgers from​ $2.00 to​ $2.50. What will happen to the quantity of​ McDonald's cheeseburgers​ demanded? If​ McDonald's raises the price of​ it's cheeseburgers, then A. all of​ McDonald's customers will continue to demand​ McDonald's cheeseburgers because​ McDonald's faces no competition. B. some of​ McDonald's customers, but not all of​ them, will still demand​ McDonald's cheeseburgers because cheeseburgers from​ fast-food restaurants are identical. C. some of​ McDonald's customers, but not all of​ them, will still demand​ McDonald's cheeseburgers because this restaurant may be closer to them . D. none of​ McDonald's customers will continue to demand​ McDonald's cheeseburgers because they can buy comparable cheeseburgers from other​ fast-food restaurants. E. all of​ McDonald's customers will continue to demand​ McDonald's cheeseburgers because cheeseburgers from other​ fast-food restaurants are at least slightly differentiated.

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