Levels Tought:
Elementary,High School,College,University,PHD
Teaching Since: | May 2017 |
Last Sign in: | 261 Weeks Ago, 6 Days Ago |
Questions Answered: | 20103 |
Tutorials Posted: | 20155 |
MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
The homework question is : The owners of two competing restaurants, each of which can seat 50 customers, decide to close down their restaurants and, in partnership, open a new restaurant they believe will be more profitable. The proposed restaurant will only be able to accommodate 75 customers. Have the restaurateurs breached the law against output restrictions?
Would the answer be Yes? How would I explain how i reach this conclusion? Can someone please give me an explanation and example? Thanks :)
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