ECONOMICS (CBSE/UGC NET)

ECONOMICS

DEMAND

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Some buyers prefer to buy a Popeyes chicken sandwich instead of a Chick Fil A chicken sandwich. The demand for the Chick Fil A chicken sandwich will ____ and the demand curve will shift to the ____
A
increase, right
B
decrease, left
C
increase, left
D
decrease, right.
Explanation: 

Detailed explanation-1: -Chick-fil-A is definitely less greasy and meatier, but the crisp, peppery nature of Popeyes’ menu items gives the chain a leg up on its competitor. Their spicy chicken sandwich may be my favorite fast food item ever created.

Detailed explanation-2: -As of December, Chick-fil-A led in market share (45 percent), followed by Popeyes (17 percent), McDonald’s (16 percent), and Wendy’s (7 percent). Further proving the power of Popeyes’ category-changing launch, it briefly took the lead from Chick-fil-A in January 2020-a remarkable feat when you consider it.

Detailed explanation-3: -The Popeyes chicken sandwich is a fried chicken sandwich on a soft bun. It comes with pickles and mayo, although you can have them removed if you prefer. Popeyes also has a spicy chicken sandwich, which comes with spicy chicken and a cajun mayo instead.

Detailed explanation-4: -It’s not breaded. It features a breading-free chicken breast, marinated and coated in seasoning, served on Popeyes’ brioche bun, with your choice of spicy or regular mayo, along with pickle slices.

There is 1 question to complete.