If a restaurant can cover its variable costs during lunch operation, then in the short-run it will Select the correct answer below: stay open for lunch shut down for lunch close operations altogether none of the above

If a restaurant can cover its variable costs during lunch operation, then in the short-run it will Select the correct answer below: stay open for lunch shut down for lunch close operations altogether none of the above

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

If a restaurant can cover its variable costs during lunch operation, then in the short-run it will
Select the correct answer below:
stay open for lunch
shut down for lunch
close operations altogether
none of the above

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