QUESTION IMAGE
Question
this image shows a mcdonalds happy meal. for decades, mcdonalds put a toy in this meal. this strategy is which economics term? thinking on the margin marginal cost incentive normative statement clear my selection 10 multiple choice 1 point which term below refers to choosing whether or not to get the extra item? choosing who to make things for running a thought
For the first question: The toy in the Happy Meal acts as a reward to encourage customers (especially children and their caregivers) to purchase the meal, which fits the definition of an incentive.
For the second question: The act of deciding on an "extra" item involves evaluating the additional benefit and cost of that single additional item, which is thinking on the margin. Note: The visible options for the second question are incomplete, but based on standard economics definitions, the correct concept is Thinking on the Margin, and the provided visible options do not include it, so the valid answer for the first question is clear, and for the second, the correct economic term is identified even if not in the shown partial options.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
- Incentive
- (The correct economic term is Thinking on the Margin; the visible provided options do not include this correct term)