Below is a demand table of the mcdonalds new vegan


Below is a demand table of the McDonald’s new vegan combination menu item (vegetable wrap, sweet potato fries, and water). Answer the following questions and show your work. If McDonald’s pricing objective is to maximize profits, what price should they charge for the new vegan combo menu? If McDonald’s pricing objective is to reach a target return (ROI) of 20%, what price should they charge for the new vegan combo menu? Note: ROI=Total Revenue-Total CostTotal Cost What is the price elasticity of demand between $5 and $6? Is the demand for McDonald’s vegan combination menu elastic or inelastic?

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Financial Management: Below is a demand table of the mcdonalds new vegan
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