Problem
In June 2005, Eastman Kodak announced that it no longer would produce black-and-white photographic paper-the type used to develop photographs by a traditional darkroom process. Kodak based its decision on the substitution of digital photography for traditional photography. In making its exit decision, does Kodak compare the price of its paper and average variable cost (at its optimal output)? Alternatively, does Kodak compare the price of its paper and average total cost (again at its optimal output)?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.