Mc Donald and KFC are two companies that provide fried chicken in Mauritius and they are considered to be a substitute to one another. Analyse the market for both products when there is a rise in the price of Mc Donald

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter5: Price Elasticity Of Demand And Supply
Section: Chapter Questions
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Mc Donald and KFC are two companies that provide fried chicken in Mauritius and they are considered to be a substitute to one another. Analyse the market for both products when there is a rise in the price of Mc Donald. 
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