Let Us Suppose Harry's, a Local Supplier of Chili and Pizza

question 230

Multiple Choice

Let us suppose Harry's, a local supplier of chili and pizza, has the revenue and cost structure shown here.

• A)Harry's should stay open in the long run.
• B)Harry's should shut down in the short run.
• C)Harry's should stay open in the short run.
• D)Harry's should shut down in the short run but reopen in the long run.

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