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Don't copy from internet Or other sites... Selected restaurant(s) and Number of meals from each restaurant and If you could only select one restaurant which

Don't copy from internet Or other sites...

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Selected restaurant(s) and Number of meals from each restaurant and If you could only select one restaurant which would it be? What would restaurant B have to lower its price to for you to select only it? Why? What percentage amount would restaurant B have to improve both their food and cuisine for you to select only it?Question 3 (20 minutes) In St. Catharines there are three restaurants, Art's, Bob's and Carol's with the attributes and prices given below. Illustrate the efficiency(attribute) frontier. Which restaurant(s) will you as a consumer more than one. with $ 50 income select? Assume the restaurant meals are totally divisible and that you can attend Brand Attributes per meal Prices per Art's [Cuisine, Decor] per meal (A) [5,1] Bob's $10,00 (B) [2.2] $5.00 Cat's [1,7] $12.50 Cuisine 30 24 22 20 16 14 12 10 Decor

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