E202PracticeExam2.6

E202PracticeExam2.6 - restaurants figure out and copy the...

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9. Louisa, a renowned chef, owns one of the 1,000 spaghetti restaurants in Sicily. Each restaurant serves 100 plates of spaghetti a night at $5 per plate. Louisa wants to develop the recipe for a sauce that is so tasty that everyone would pay $10 per plate for her spaghetti. a. What is the most cost Louisa would be willing to endure if after one day all the other
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Unformatted text preview: restaurants figure out and copy the recipe for her new sauce? b. If it took the others one month to copy? On my honor as an Aggie, I have neither given nor received unauthorized aid on this exam. Signature _____________________...
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