Homework Help: Business studies

Posted by Silvia on Thursday, April 5, 2012 at 1:56am.

Frank owns a soda fountain and sells milkshakes. he sells 50 milkshakes per day for $5 each. his daily total cost is $290, of which $30 is fixed cost. What can you say about Franks short run decision regarding shut down and long run decision regarding exit?

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