Problem
Barney's snow removal service is a profit maximizing, competitive fi rm. Barney clears driveways for $10 each. His total cost each day is $250, and half of his total costs are fixed. If Barney clears 20 driveways a day, should he continue to operate or shut down? If this situation persists, will Barney stay in the industry or exit?
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.