Question: Please help!?! Question 9 (Challenging). Mike owns a restaurant called Wings Putts, a chicken wing and mini golf restaurant. He pays $30 per day in

 Please help!?! Question 9 (Challenging). Mike owns a restaurant called \"Wings

Please help!?!

Putts", a chicken wing and mini golf restaurant. He pays $30 per

Question 9 (Challenging). Mike owns a restaurant called \"Wings Putts", a chicken wing and mini golf restaurant. He pays $30 per day in rent, and he has no other fixed costs. The following table shows Mike's average variable costs. Quantity (chicken wings) Average Variable Cost ($) 0 0 3 1 6 2 9 3 12 4 15 5 18 6 21 7 Assume that Mike has to produce discrete units as shown in the table. a) What is the minimum number of chicken wings Mike will be willing to supply in the short-run? How about in the long-run? b) If the market price for chicken wings is $5, how many chicken wings will Mike supply in the short- run? How about in the long-run? c) If staff at Wing Putts can are specialised in cooking chicken wings or running mini golf, would you expect Mike's elasticity of supply to be higher or lower than if the staff were able to work on both tasks equally well? Explain your

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