Joe the plumber runs a competitive firm he does 20 works


Joe the Plumber runs a competitive firm. He does 20 works per week, and charges $50 per week. His total cost each week is $1200, of which $300 is Fixed cost. Draw a diagram about his short and long run decision. What about his future career?

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Econometrics: Joe the plumber runs a competitive firm he does 20 works
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