Multiple Choice
you wanted to buy a McDonald's Big Mac,small fries,and a small drink separately,it you cost you $6.19.However,if you purchased these three items together as part of the firm's Extra Value Meal package,you would pay only $4.39,savings 80¢.This "Extra Value Meal" price serves as __________ to you and other consumers,who compare the costs and benefits of substitute items to a bundle containing those items.
A) a marginal analysis
B) a profit equation
C) a reference value
D) a break-even analysis
E) price elasticity of demand
Correct Answer:
Verified
Correct Answer:
Verified
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