Question: Please solve the question below Suppose that four local restaurants are identical in every way except for the menus that they present to their customers.

Please solve the question below


Suppose that four local restaurants are identical in every way except for the menus that they present to their customers. One restaurant, Pistachio Garden, gives each table one laminated paper copy of the menu, regardless of how many people are at the table. Another restaurant, Chiltepin, writes the menu on a chalkboard that people examine before choosing their table. A third restaurant, Waffle Abode, gives each table one paper copy (not laminated) of the menu, regardless of how many people are at the table. Finally, each customer at The Blue Oxen gets a laminated copy of the menu to examine. Arrange these four firms in order of the expected "stickiness" of their menu prices. Most-sticky prices Least-sticky prices Answer Bank Pistachio Garden Chiltepin Waffle Abode The Blue OxenMove the labels below to their corresponding zone. Potential GDP Price Level Government spending to stimulate output is not effective Aggregate Supply High cyclical unemployment Low cyclical unemployment Neoclassical zone Real GDP Government spending to stimulate output is effective Keynesian zone Previous @ Check Answer ? Hint
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