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A McDonald's restaurant located near a high school offers a special for high school students. If high school students showed their student ID cards, they
A McDonald's restaurant located near a high school offers a special for high school students. If high school students showed their student ID cards, they would be given cents off any value meal. This suggests that: Group of answer choices the restaurant owner is not maximizing its profits from the student population. the students demand for the restaurants value meals is more elastic than that of other consumers in this market. the students demand for the restaurants value meals is more inelastic than that of other consumers in the market. students are an unprofitable market segment and the restaurant should just not sell them anything.
A McDonald's restaurant located near a high school offers a special for high school students. If high school students showed their student ID cards, they would be given cents off any value meal. This suggests that:
Group of answer choices
the restaurant owner is not maximizing its profits from the student population.
the students demand for the restaurants value meals is more elastic than that of other consumers in this market.
the students demand for the restaurants value meals is more inelastic than that of other consumers in the market.
students are an unprofitable market segment and the restaurant should just not sell them anything.
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