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Please solve the following. Thank you Assuming that all restaurants face similar restrictions, at the industry level, the new regulations will affect supply/demand. Equilibrium price

Please solve the following. Thank you

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Assuming that all restaurants face similar restrictions, at the industry level, the new regulations will affect supply/demand. Equilibrium price _ _ equilibrium quantity_ On graph 3, indicate the new supply/demand and the new equilibrium price and quantity. Returning to the profit maximizing decision of a typical restaurant, on graph 4, show how the change in price will affect its profit maximizing level of output and its profit. Graph 3. Restaurant industry Graph 4. Typical restaurant pe7. Considering 3 different restaurants, with different cost functions facing the new price. On each graph, how much output will they produce and their profit. Below each graph in writing indicate the level of output, explain the decision and whether the restaurant makes a profit or a loss. Graph 6. Restaurant A Graph 7. Restaurant B Graph 8. Restaurant C

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