Dylan's house-cleaning enterprise is a competitive firm. Dylan cleans houses for 39 € cach. His total cost ach day is 380€, of which 30€ is a fixed cost. He cleans 10 houses a day. What can you say about Dvlan's short-run decision regarding shut down and his long-run decision regarding exit.

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A: here we can find the correct option as follow

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Q: 49. The long run is a A. O Period of three years or longer B. O Period long enough to allow firms to…

A: Long run refers to the period of time where there is no fixed cost and all the factors that are…

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Q: Answer the attached question

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Q: 10. All-Leather is a leather tanning company in Chicago. Its total cost function is C(QA) = 130 +…

A: C(QA)=130+6QA+2QA2

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A:

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Q: Define the term Unit-Profit?

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A:

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A: The correct alternative for the aforementioned question is C.

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Cost of Production

In economic theory, production costs are the costs incurred by an industrial organization when it engineers a project or provides a service that generates revenue and benefits. Labor costs, raw materials, consumable manufacturing costs, and general overhead sum up, accounting for production costs. Total cost data is calculated by combining total direct costs of materials, labor costs, and total production costs.