Question

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?

Related Questions

Liann works in the olde tyme Soda shoppe. The shop sells milkshakes, double milkshakes, and triple m... a dinner makes vanilla milkshakes and chocolate milkshakes the vanilla milkshake machine has a 300-c... A diner makes vanilla milkshakes and chocolate milkshakes. The vanilla milkshakes machine has 300 cu...