> if a McDonald's location can sell 1000 big macs a day at $2 per burger, do you expect they'll sell more (or even as many) if they raise the price to $3? I me

> if a McDonald's location can sell 1000 big macs a day at $2 per burger, do you expect they'll sell more (or even as many) if they raise the price to $3? I mean, there are other factors in employment decisions. Raising the price to $3 may reduce volume but increase revenue.