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3. Suppose that the formula to produce a Michelin-starred restaurant is to mix 1 world-class chef and 1 set of staff members in perfect complements
3. Suppose that the formula to produce a Michelin-starred restaurant is to mix 1 world-class chef and 1 set of staff members in "perfect complements" fashion. What would happen to the supply of Michelin-starred restaurants if AI could substitute all of the staff members needed to match the needs of a world-class chef at a lower price? (2 points) (a) The number of Michelin-starred restaurants would increase (b) The number of Michelin-starred restaurants would decrease (c) The number of Michelin-starred restaurants would remain the same (d) Neither of the above
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