Question 3 (20 minutes) In St. Catharines there are three restaurants, A, B and C with the attributes and prices given below. Illustrate the efficiency (attribute) frontier. Which restaurant(s) will you as a consumer with $ 100 income select? Assume the restaurant meals are totally divisible and that you can attend more than one. Brand Attributes per meal Price [Cuisine, Decor] per meal Art's (A) (5,1] $20.00 Bob's (B) [2,2] $10.00 Cindy's (C) [ 1,7] $25.00 Cuisine 360 26 24 22 20 18 16 14 12 2 10 12 14 16 18 20 22 24 26 28 30 Decor 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? %