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Frank owns a soda fountain and sells

Frank owns a soda fountain and sells milkshakes. he sells 50 milkshakes per day for $5 each. his daily cost is $290, of which $30 is fixed cost. what can you say about Franks short run decision regarding shut down and his long run decision regarding exit? please help me out ! (290-31)/50 = $5.2 (bigger than $5) he should shutdown because in short run cannot be… e so in the long run and exist business also cannot be operate