McDonald's

Yeah, gonna talk about one fact that I found about McDonald's today..
CR a.k.a Pang Shen asked us to go JJ; he wanted to buy army pants..
Then had lunch.. It was 11 am something.. Haven't reached 12 noon so the McValue meal is more expensive.. So, I just bought a Chicken burger and orange juice - don't want to eat much and there were very few people buying food..
At 12pm, then there were so many people queing to buy McValue meals (probably).. heehee..
Then I found out that although the price for McValue is cheaper during the three hours time, but the profit that they earned is actually higher.. Why?
Because the total fixed cost is fixed and when they reduce the price to 5.95, they manage to sell more quantity.. So the Total Revenue is higher.. Very elastic demand yea.. haha..
Both parties benefit; the firm got to earn more and consumers get satisfaction for the lower price..
Actually got this idea from the drama that I'm watching now - You're Hired.. hehe..
Today ME tutorial class ends already.. So fast Sem 1 going to end but there are 6 more sems to go.. Hwaiting for me..!!!
Now listening to Baby Baby by Big Bang which is an English version of Majimak Insa a.k.a Last Farewell..