Frank owns a soda fountain and sells milkshakes. he sells, Ask an Expert

Economics

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?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9489216

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