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Juanita's lawn-mowing service is a profit-maximizing, competitive firm. Juanita mows lawns for $27 each. Her total cost each day is $280, of which $30 is
Juanita's lawn-mowing service is a profit-maximizing, competitive firm. Juanita mows lawns for $27 each. Her total cost each day is $280, of which $30 is a fixed cost. She mows 10 lawns a day. In the short run, Juanita should . In the long run, Juanita should the industry
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