MC Qu. 10-98 (Algo) Let us suppose Harry's, a...

Total Revenue	$6,000	per Week
Total Variable Cost	$3,200	per Week
Total Fixed Cost	$2,400	per Week

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

Multiple Choice

• Harry's should stay open in the short run but shut down in the long run.
• Harry's should shut down in the long run.
• Harry's should stay open in the short run.
• Harry's should shut down in the short run.