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April 20, 2014

Homework Help: managerial economics

Posted by jean on Friday, March 14, 2008 at 4:05pm.

When McDonald's Corp. reduced the price of its Big Mac by 75% if customers also purchased french fries and a soft drink, The Wall Street Journal reported that the company was hoping the novel promotion would revive its US sales growth. It didn't. Within two weeks sales had fallen. Using the game theory, what disrupted McDonald's plans?

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