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Big Joe's is a regional chain of pizzerias.They are best known for their Jumbo Veggie-Max Pizza. Question 1 - Create a list of five hypothetical
Big Joe's is a regional chain of pizzerias.They are best known for their Jumbo Veggie-Max Pizza.
Question 1 - Create a list of five hypothetical Big Joe's customers and for each provide a hypothetical reservation price.The reservations prices should range from $5 to $30.Assuming the actual price of the pizza is $15, calculate consumer surplus.What is the level of sales?
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