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Pricing Segmentation

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Why does McDonald's have different prices for fast food in different geographical areas?

Hi need some help starting a paper on pricing segmentation...I was wondering if I could some help with the above question. A few paragraphs to get me start. If you use references, please annotate them in APA format. Thanks for your help!

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The expert examines pricing segmentation.

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One of the reasons that McDonald's may have different prices for fast food in different geographical areas is due to the fact that there may be different levels of competition within different geographical areas. Differing levels of competition from other restaurant chains would have a tremendous effect on the price that McDonald's charges individuals for their food. For example, in a geographical area in which there is a high level of competition from other high-quality fast food restaurants, McDonald's would have to lower its prices in order to remain competitive within that geographical area. In a ...

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