Restaurant Pricing. Consider a restaurant that charges $10 for all you can eat and has 25 customers at this price. The slope of the demand curve is – $0.20 per meal, and the marginal cost of providing a meal is $6. Hint: The y-intercept equals the charge plus the absolute value of the slope x the number of customers), and the x-intercept equals the y-intercept divided by the slope. 1.) Use the line drawing tool to draw and label the demand line. 2.) Use the line drawing tool to draw and label the marginal revenue line Price per meal 3.) Use the line drawing tool to draw the marginal cost line. Carefully follow the instructions above, and only draw the required objects. meals. (Enter your response rounded to the The profit-maximizing quantity is nearest unit.) The profit-maximizing price is $ dollar.) (Enter your response rounded to the nearest 20 40 60 Quantity of meals

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