In: Economics
Consider the following quotes from the article:
“The chicken sandwich giant blew past Wendy’s, Burger King, Taco Bell and Subway on its ascent, with $10.46 billion in American store sales, according to Nation’s Restaurant News’ latest countdown. Up 17 percent for the year, Chick-fil-A stands behind only McDonald’s ($38.52 billion in American sales) and Starbucks ($20.49 billion).”
“the company has grown at a sustainable, measured pace.”
“And second, thosewaffle fries. The No. 1 ordered item on the short menu, these skin-on spuds are from Washington state, a medium order ringing in at 360 calories. Fried in canola oil, their distinctive shape have set it apart from other fast-food restaurants since the chain debuted in 1967.”
“Chick-fil-A’s customer service is legendary, prompting rafts of memes enumerating real and imagined over-the-top polite employee interactions.”
“More recently, the company launched a successful app, and it is routine for employees to walk the drive-through line taking tablet orders to expedite.”
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“the company has grown at a sustainable, measured pace.” : C) Does not affect supply or demand curve . ( Sustainable growth is not a sudden supply or demand shock )
"Those waffle fries: The No. 1 ordered item on the short menu, these skin-on spuds are from Washington state, a medium order ringing in at 360 calories. Fried in canola oil, their distinctive shape have set it apart from other fast-food restaurants since the chain debuted in 1967.” : B) Shifts demand out ( popularity rises for those waffle fries causes demand to increase )
“Chick-fil-A’s customer service is legendary, prompting rafts of memes enumerating real and imagined over-the-top polite employee interactions.” : B) Shifts demand out ( better customer service increases demand )
“More recently, the company launched a successful app, and it is routine for employees to walk the drive-through line taking tablet orders to expedite.” : B) Shifts the demand out ( Successful app helps to draw more customers )