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Job Issues Case Study | Selling Coffee on Sundays

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Added on  2019-11-08

Job Issues Case Study | Selling Coffee on Sundays

   Added on 2019-11-08

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TITLE: SELLING COFFEE ON SUNDAYSSTUDENT NAME:SUBNISSION DATENO OF WORDS : 8691
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(Oregonstate.edu, n.d.) (jodiecongirl, n.d.)EXECUTIVE SUMMARYThe case study titled SELLING COFFEE ON SUNDAYS deals with two entrepreneurs Adam and Virginia who give up their jobs to set up coffee shop on Sundays. It is clear that their decision is rational as they end up with positive profits, even after accounting for the opportunity costs of their alternatives of working and using their saved up money. Operating in a perfectly competitive setting such profits signal a short run analysis. In the long run they may end up with normal profits only. Their profits are bolstered by a fall in penalty rates that lowers their variable cost. This must be seen as an opportunity to expand even more.2
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TABLE OF CONTENTSINTRODUCTION4ANALYTICAL DEVELOPMENT5CONCLUSION7APPENDIX83
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