ECON 1000 Lecture Notes - Lecture 15: Average Cost, Average Variable Cost, Pearson Education
castroariane563 and 39059 others unlocked
10
ECON 1000 Full Course Notes
Verified Note
10 documents
Document Summary
Use the information below to answer the following questions. January 31, 2008: starbucks will open 75 more stores abroad than originally predicted, for a total of 975. February 25, 2008: for three hours on tuesday, starbucks will shut down every single one of its 7,100 stores so that baristas can receive a refresher course. June 2, 2008: starbucks replaces baristas with vending machines. July 18, 2008: starbucks is closing 616 stores by the end of march: refer to fact 11. 1. 1. The decisions made on ________ are short-run decisions because they. Parkin/bade, economics: canada in the global environment, 8e: refer to fact 11. 1. 1. The decisions made on ________ are long-run decisions because they. Source: myeconlab: when the demand for electricity peaks during the hottest days of summer, hydro one can generate more electricity by using more fuel and increasing the working hours of many of its employees. The company cannot, however, increase electric power production by building additional generating capacity.