Suppose That McDonald's Successfully Implements Self-Serve Kiosks in Their Restaurants,and

Multiple Choice

Suppose that McDonald's successfully implements self-serve kiosks in their restaurants,and this investment in technology allows the company to reduce the number of employees at each location.All else equal,this technological improvement would ________ the equilibrium price for its products and ________ the equilibrium quantity consumed.

A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease