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Given what has happened to businesses from the lockdown for COVID-19 a) When customers were prevented from dining at restaurants, what was the initial impact
Given what has happened to businesses from the lockdown for COVID-19 a) When customers were prevented from dining at restaurants, what was the initial impact to the firm? Draw what happens to the firm, using the appropriate market structure model for restaurants. Show where the firm produces, the level of output, price charged and any profits or losses. (be sure to label everything properly)
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