Question: Rosy’s Chicken Wings is a price taker. The costs are:
a) What is Rosy’s profit-maximizing output?
b) How much economic profit does Rosy make if the market price per dozen chicken wings is (i)$28 (ii) S21
c) At what price would the chicken wings outlet shut down?
d) At what price would the outlet exit the industry?
Deliverables: Word Document