10. Barneys snow removal service is a profi tmaximizing, competitive fi rm. Barney clears driveways for $10...
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10. Barney’s snow removal service is a profi tmaximizing, competitive fi rm. Barney clears driveways for $10 each. His total cost each day is $250, and half of his total costs are fi xed. If Barney clears 20 driveways a day, should he continue to operate or shut down? If this situation persists, will Barney stay in the industry or exit?
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