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Job Issues Case Study | Selling Coffee on Sundays

Added on - 08 Nov 2019

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