Exam 16: Combining Micro and Macro Analysis for Managerial Decision Making

In the study of the demand for fast food, the two market characteristic variables, fast food outlet density and population density, are statistically significant.

The collapse of the commodity prices:

If capital inflows decrease due to higher interest rates in other countries and large amounts of import spending, there will be:

In the study of the demand for fast food, the price elasticity is negative and statistically significant.

In the study of the demand for fast food, the female labor force participation rate was included as a measure of the:

The peso devaluation did not cause Wal-Mart to suspend its expansion plans in Mexico.

The peso devaluation allowed Wal-Mart to purchase a controlling interest in CIFRA.

A limitation for Wal-Mart's growth in Mexico is:

McDonalds' franchise owners reported that profits were declining from selling the discounted items from the Dollar Menu. This suggests that:

McDonald's is unique in the fast food industry in that it:

If a good is price elastic, an increase in price will increase total revenues.

NAFTA created a environment for companies to expand globally due to the:

To avoid import duties:

If a good is price inelastic, an increase in price will decrease total revenues.

The lack of success of some Walt Disney movies had:

Wal-Mart commands the lowest prices from its Mexican suppliers and has caused a number of suppliers:

The amount of cost cutting technical innovation introduced into a production process is a function of:

In terms of location decisions, firms evaluate the infrastructure of the area in terms of access to transportation as well as the quality of life.

McDonald's partnership with Beijing's Department of Agriculture provided:

Wal-mart commands the lowest prices from its Mexican suppliers and has caused some of them to go bankrupt.