$ MC 120 110 100 -A 90 AVC 80 70 60 50 40 30 20 10 0 0 10 20 30 40 50 60 70 80 90 100 Quantity 1. Underthe assumption that the restaurant industry is a competitive market before the lockdown, what is the competitive market price? What is the optimal output quantity of this business? 2. The first stage of COVID-19 restrictions easing on the restaurants market put the maximum output quantity to 10. Do you thing the owner would open his business? Explain you answer. In the second stage of the restriction easing, the maximum limit was increased to 20. How would the owner decide now? Explain your