As the manager of a farm-to-table restaurant, Carlos sets the prices of entrees each day. Today, his restaurant sold out of avocado toast during brunch service, so he had to recommend to some avocado toast aficionados the goat cheese radish tartine with micro greens. Which price did he MOST likely set for avocado toast? Price Quantity Demanded Quantity Supplied $15.00 4 $13.00 8 $11.00 12 $9.00 16 $7.00 20 $7.00 $9.00 $11.00 $13.00 40 32 24 16 8

As the manager of a farm-to-table restaurant, Carlos sets the prices of entrees each day. Today, his restaurant sold out of avocado toast during brunch service, so he had to recommend to some avocado toast aficionados the goat cheese radish tartine with micro greens. Which price did he MOST likely set for avocado toast? Price Quantity Demanded Quantity Supplied $15.00 4 $13.00 8 $11.00 12 $9.00 16 $7.00 20 $7.00 $9.00 $11.00 $13.00 40 32 24 16 8

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter4: Supply And Demand: An Initial Look

Section: Chapter Questions

Problem 1DQ

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