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

question 165

Multiple Choice

Suppose that McDonald's successfully implements self-serve kiosks in their restaurants, which allows the company to reduce the number of employees at each location.All else equal, this technological improvement would

• A)shift the supply curve for its products to the right.
• B)shift the supply curve for its products to the left.
• C)shift the demand curve for its products to the right.
• D)shift the demand curve for its products to the left.

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Definitions:

Critical Thinking

An in-depth examination and critique of an argument to create a conclusion.

Fair-Mindedness

The quality of being impartial, open to different perspectives, and able to recognize one's own biases.

Reasoning

The process of thinking about something in a logical way in order to form a conclusion or judgment.

Critical Thinking

The objective analysis and evaluation of an issue to form a judgment.