Antonio's is the only restaurant in town that serves italian food. a new italian restaurant opens down the street from antonio's. in a market economy, what is the most likely effect of a competing restaurant opening in the neighborhood? a: the new restaurant will charge higher prices than antonio's because they need to pay off new business loans. b: both restaurants will increase their prices to make up for the customers who chose to visit the competing restaurant. c: customers will benefit from better products and lower prices as the restaurants complete for their business. d: antonio's will stop spending on advertising or offering coupons to customers to protect their profits.
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Antonio's is the only restaurant in town that serves italian food. a new italian restaurant opens do...
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