Kay’s dog-walking service is a profit-maximizing, competitive firm. kay walks dogs for $7.50 each. her total cost each day is $45—she spends $35 a day on gas driving to different neighborhoods, and her liability insurance and other fixed costs average out to $10 per day.
if kay walks five dogs a day, she should shut down or operate in the short run?
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Kay’s dog-walking service is a profit-maximizing, competitive firm. kay walks dogs for $7.50 each. h...
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