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Based on the Following Pieces of Information, Which Fast Food

Question 256

Multiple Choice

Based on the following pieces of information, which fast food product do consumers see as the closest substitute for Wendy's Hamburgers?


A) Kentucky Fried Chicken, which has a cross elasticity of 1.70 with Wendy's
B) McDonald's hamburgers, which have a cross elasticity of 1.01 with Wendy's
C) Pizza Hut pizza, which has a cross elasticity of zero with Wendy's
D) Taco Bell tacos, which have a cross elasticity of -1.25 with Wendy's

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