November 26, 2015

Homework Help: Managerial Economics

Posted by Dee on Wednesday, June 18, 2008 at 10:27am.

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

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