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Question: a) Suppose that a restaurant offering Ethiopian cuisine opened in Cambridge Ma. and became a great success. What would you predict would happen in the greater Boston restaurant market?

b) Draw a graph illustrating the likely changes in the shape and position of the demand curve facing the original "Ethiopian" restaurant in the above problem.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92587168

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