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How did McDonald's leverage internal strengths in brand name and consistency to minimize the external threat of easy-to-prepare grocery items?
Marginal Revenue
The additional income that is generated by increasing sales of a product or service by one unit.
Prices
The amount of money required to purchase a good or service, set by supply and demand dynamics in a market.
Marginal Revenue
is the additional income received from selling one more unit of a product or service.
Surround Sound Systems
Audio systems designed to create a more immersive listening experience by using multiple speakers placed around a room to simulate a 3D sound environment.
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