Question: Why does a local McDonald's face a downward-sloping demand curve for its Quarter Pounders? If McDonald's raises the price of Quarter Pounders above the prices

Why does a local McDonald's face a downward-sloping demand curve for its Quarter Pounders? If McDonald's raises the price of Quarter Pounders above the prices other fast-food restaurants charge for hamburgers, won't it lose all its customers?

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