QuickHelper

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About QuickHelper

Levels Tought:
Elementary,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Business & Finance,Chemistry,Engineering,Health & Medical Hide all
Teaching Since: May 2017
Last Sign in: 261 Weeks Ago, 6 Days Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

Experience

  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Management Posted 07 Oct 2017 My Price 7.00

The homework question is :

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 :)

Answers

(10)
Status NEW Posted 07 Oct 2017 03:10 PM My Price 7.00

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