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September 16, 2014

Homework Help: micro economics

Posted by Silvia on Thursday, April 5, 2012 at 2:17am.

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

please help me out !

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