00:01
Hi, a fast food company spends millions of dollars to develop and promote a new hamburger on its menu, only to find out that customers won't buy it because they don't like the taste.
00:10
That's important.
00:12
From an economic perspective, the company should, what should the company do? they find out that people won't buy it because it tastes bad.
00:22
Let's see.
00:23
The company should, let's see, i guess these are like multiple choice options.
00:28
Keep the hamburger on the menu because they have spent so much money.
00:31
And time developing and promoting the product? well, they're actually going to keep losing money.
00:36
I mean, yeah, they made the concept of it, but in order to, like, sell it, they have to keep producing it.
00:42
And, you know, if it's not, you know, people don't like it, there's no point in producing it, really.
00:47
Let's see.
00:48
Spend more money to develop a more efficient way to cook the hamburger so it cooks a shorter time.
00:53
All right, the taste has nothing to do with how long it takes to cook, okay? in fact, it might actually taste worse if you take less time to cook.
01:01
It...