Does there is enough time to expand its kitchen

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Q. During the course of a week, McDonald's has enough time to hire or layoff workers, but it does not have enough time to expand its kitchen or add an additional seating area. In this situation, McDonald's

Q. The demand for land is given by the function: QD = 2500+20P; and the supply is given by the function QS = 1,000,000. QD = quantity demanded, QS= quantity supplied and P = price. Solve for the equilibrium price and quantity in the market.

Reference no: EM1352272

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Does there is enough time to expand its kitchen : During the course of a week, McDonald's has enough time to hire or layoff workers, but it does not have enough time to expand its kitchen or add an additional seating area.

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