Business, 16.12.2019 04:31, lanaasad7292

3. bob's lawn-mowing service is profit maximizing, competitive firm. bob mows lawns for $27 each. his
total cost each day is $280, of which $30 is a fixed cost. he mows 10 lawns a day. what can you say
about bob's short run decision regarding shutdown and his long run decision regarding exit? (3 points)

Answers: 1

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3. bob's lawn-mowing service is profit maximizing, competitive firm. bob mows lawns for $27 each. hi...