[題組二25%] Each vendor in a city has a marginal cost of $1.5 per burger sold and bears a fixed cost at $50. Suppose the maximum number of
burgers any one vendor can produce in a day is 100.
申論題內容
3.Suppose the city government decides to regulate vendors by issuing permits. If the city issues only 30 permits under a bidding
process, how much will a permit cost to a vendor? How will a burger be priced accordingly?
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