Read the following news items and explain where a short-run decision and a long-run decision are involved?     a. January 31, 2020: Tim Horton will open 60 more stores in Asian countries    b. March 30, 2020: All stores of Tim Horton will shut down on Tuesday stores so that baristas can receive a refresher course.

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter12: The Cost Of Production
Section12.1: What Are Costs?
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Read the following news items and explain where a short-run decision and a long-run decision are involved?   

 a. January 31, 2020: Tim Horton will open 60 more stores in Asian countries  

 b. March 30, 2020: All stores of Tim Horton will shut down on Tuesday stores so that baristas can receive a refresher course.

 

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