Business, 07.04.2020 23:09 rorymartin04
Ronny's Pizza House is a profit maximizing firm in a perfectly competitive local restaurant market, and their optimal output is 80 pizzas per day. The local government imposes a new tax of $250 per year on all restaurants that operate in the city. How does this affect Ronny's profit maximizing decisions?
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Ronny's Pizza House is a profit maximizing firm in a perfectly competitive local restaurant market,...
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