Instruction:

During the height of the COVID pandemic, McDonalds, like all other restaurant chains, suffered from the combined negative impact of missing customers and supply chain disruptions.

Question 1

1.1: How might each of these separately affect the demand and supply diagram?

1.2: What is the overall impact on the market for McDonalds?

1.3:Graphically depict the combined effect of the two, make a copy of the image, and insert it at the bottom of the answer.

a. Demand Curve Impact:

b. Supply Curve Impact:

c. Insert Graph Immediately Below

Question 2:

2.1. How might McDonald's adapt its business model to make it less sensitive to a similar shock in the future?

2.2. Provide a brief executive summary of your suggestion.

Do not quoteChatGPT, please...