Many restaurants are not 100 full all day long especially, Ask an Expert

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Many restaurants are not 100% full all day long, especially in the late morning and during the afternoon. Economists call this "excess capacity" and it is a characteristic result of monopolistic competition.

What would restaurants have to do in order to be closer to 100% full all of the time? Why won't they do this?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92659172

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