Some restaurants are selling [doubles cheeseburgers] with one slice of cheese instead of two, and billing it as a "double hamburger with cheese." Others are offering a double hamburger without cheese. Some are selling the traditional double cheeseburger at prices ranging from $1.09 to $1.19....
...The biggest question for the eight-item menu is what to do with the double cheeseburger, considered its anchor. High dairy prices have pushed up the cost of cheese, and McDonald's predicts more pressure from higher beef costs this year.
Thompson said if McDonald's moves the double cheeseburger off the lower-price menu, there would still be some type of $1 burger.