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magine you are running a restaurant. You see the maximum number of people between 11am-2pm, and then after 6pm. Patrons are rare between 2PM and
magine you are running a restaurant. You see the maximum number of people between 11am-2pm, and then after 6pm. Patrons are rare between 2PM and 5:30 PM. Your fixed costs include rent on the building. Your variable costs include labor expenses, and materials. Labor expenses are the primary share of your short run total costs. Based on the information above, the following action is correct in terms of keeping the business profitable. Keep the restaurant open throughout the entire day, keeping two workers at all time slots so that you can earn revenue for every customer Hire a large group of workers and rotate their shift, keeping the restaurant open 24/7 Close the restaurant between 2PM and 5:PM, make L=0, and then reopen during the busy time slots
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