Exhibit 5-18 
Use the information in Exhibit 5-18 to calculate the price elasticity of supply for restaurant meals.
Definitions:
Nondiscriminating Monopolist
A monopolist who charges the same price for their product to all consumers, rather than adjusting the price based on market segmentation or consumer willingness to pay.
Marginal Revenue
The revenue gain from the sale of an additional good or service unit.
Marginal Revenue
The growth in income arising from the sale of an extra unit of a product or service.
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Q19: Exhibit 4-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 4-1
Q33: Exhibit 4-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 4-2
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Q113: Exhibit 4-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 4-3
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