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Beth's lawn-mowing service is a profit-maximizing, competitive firm. Beth mows lawns for $30 each. Her total cost each day is $320, of which $70 is
Beth's lawn-mowing service is a profit-maximizing, competitive firm. Beth mows lawns for $30 each. Her total cost each day is $320, of which $70 is a fixed cost. She mows 10 lawns a day. In the short run, Beth should . In the long run, Beth should the industry
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