mcdonalds

675 Words2 Pages

Today, McDonalds is synonymous with the words fast food. Their golden arches are the most recognized symbol in the world, and are one of the largest distributors of toys. This fast food chain currently has over 14,157 franchises in the United States alone. Their main supply is food (hamburgers, fries, ice cream and breakfast biscuits), and we the consumer seem to demand this type of service more and more. Their current claim to fame is the dollar menu which is available for breakfast as well as lunch and dinner. You could easily feed a family of four for under $20.00 if each person purchases food and drink from the dollar menu. Currently the population of Flagler county is close to 100,000 with an unemployment rate of 8.3%. The supply and demand of fast foods restaurants in this county seem to be on the disproportionate side. With Mcdonalds owning four franchises in this county alone, all within a 15 mile radius of the town center of Bunnell and two of the McDonalds locations within 2 miles of each other. The need for government regulation in my opinion needs to happen. The local governments are making the wrong economic decisions for this county. A good example of scarcity and opportunity cost is that county is laden with unhealthy and cheap food establishments. While there are a majority of consumers shopping at these places the other people are waisting time and hard earned money travelling outside of the county, sometimes over one hour to shop or eat at places that serve healthier meals and food. According to theguardian.com it states that there are 22,174 people per one McDonalds, and if you quadruple that statistic due to four restaurants in my county, it is basically stating that almost every person l... ... middle of paper ... ...als. The beginning quarter of this year shows McDonalds had a net income of 1.27 billion. Which turns into each restaurnant roughly averaging 100,000 per day net. Yes, there are some that make more than others, some restaurants are open 24 hours per day while others are not. Is there really an reason in the world that Flagler County should have four McDonalds restaurants in one county? While the economy is suffering, obseity is at an all time high, the local government should enforce some type of opportunity costs to incoming businesses. Bringing in another supoermarket besides Publix and Winn Dixie could be great for the economy and employment. It would offer the consumer more buying power by offering more sales, offer healthier food options and maybe offer 50 – 100 jobs and decrease opportunity costs by minimizing travel times to out of the area locations.

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