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b. At its best possible output level, a firm has total revenue of $6,000 per day and total cost of $10,000 per day. What should this firm do in the short run if it has total fixed costs of $3,000 per day

Respuesta :

Answer:

Follows are the solution to this question:

Explanation:

Given value:

[tex]\to TR = \$ \ 6,000 \\\\\\to TC = \$ \ 10,000 \\\\\ \to TFC = \$ \ 3,000 \ \ \ and \ \ \ TVC = \$ \ 7,000[/tex]

It is provided that the Finn could not offset its variable advertising expenditures,  shortly it wants to shut down.

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