The restaurant industry is highly competitive. The pandemic has likely

reduced the demand for restaurant meals. It has also likely raised the fixed costs of a typical restaurant (because owners have needed to reconfigure seating and install new ventilation systems).
a)What will these two developments do to the equilibrium price and quantity in the
market for restaurant meals?
b）What will these two developments do to the number of meals produced and the profits of a typical restaurant in the short run?

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"