Assume you have been hired as a managing
consultant by a company to offer some advice that will help it make
a decision as to whether it should shut down completely or continue
its operations. It currently uses 100 workers to produce 6,000
units of output per month (working 20 days / month). The daily wage
(per worker) is $70, and the price of the firm’s output is $32. The
cost of other variable inputs is $2,000 per day. You are told that
the firm’s fixed cost is

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