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For each of the following decisions determine whether the manager is in a short-run or long-run situation.

a. A grocery store manager decides to stay open 24 hours a day rather than 16?

b. A grocery store chain decides to open another store in the city?

c. An office manager decides to add 5 new PC's?

d. An office manager decides to close the old office and move to a larger one?

e. A university president decides to build three new classroon buildings to cope with an expected increase in students?

f. A university president decides to increase faculty teaching loads to cope with an expected increase in students?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91707862

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