Question

State whether each of the following events will result in a movement along the demand curve for McDonalds Big Mac hamburgers or whether it will cause the curve to 1.9 shift. If the demand curve shifts, indicate whether it will shift to the left or to the right and draw a graph to illus- trate the shift. a. The price of Burger Kings Whopper hamburger declines. b. McDonalds distributes coupons for $1.00 off the pur- chase of a Big Mac. Because of a shortage of potatoes, the price of French c. fries increases. d. Fast-food restaurants post nutrition warning labels. e. The U.S. economy enters a period of rapid growth in incomes
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