How will it affect the supply of restaurants in that city

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1a. If an unexpected inflation occurs, who would gain from it and why.

b. If CITY A raised the minimum wage, how will it affect the supply of restaurants in that city?

c. COUNTRY A produces Rice and computers. Hypothetically, If the country lost land to produce rice, how would the production possibilities frontier for that country be affected?

Reference no: EM132405997

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