Use the Table for the Question(s)below

question 66

Multiple Choice

Use the table for the question(s) below.
Consider the following prices from a McDonald's Restaurant:
-A McDonald's Big Mac value meal consists of a Big Mac Sandwich,Large Coke,and a Large Fry.Assuming that there is a competitive market for McDonald's food items,at what price must a Big Mac value meal sell to ensure the absence of an arbitrage opportunity and uphold the law of one price?

• A)$4.08
• B)$4.38
• C)$5.47
• D)$5.77

---

Definitions:

Etiology

The study of the causes or origins of diseases or conditions, aiming to understand why a disease develops.

Obsessive-Compulsive Personality Disorder

A personality disorder characterized by a pervasive pattern of preoccupation with orderliness, perfectionism, and control, at the expense of flexibility, openness, and efficiency.

Schedules

Planned sequences or timetables for activities, tasks, or events, often used to manage time and organize routines.

Trivial Details

Information or aspects that are considered insignificant or of little importance in the larger context or scheme of things.