Staycation is a closer-to-home vacation. With higher gas prices, some families don’t want to drive as far as they previously would. For many families, less money spent on gas means more trips closer to home with more to spend on tours and food.—travelplus.com
Category: MIT6
A Closer Look at Decision Makers
Keywords: Utility, Consumer choice, Technology and cost, Marginal cost, Average cost, Fixed cost, Variable cost, Sunk cost
Parkin 14e Chapters 8, 9, 10, 11
Bade-Parkin 9e Chapters 13, 14
Parkin-Bade Canada 11e Chapters 8, 9, 10, 11
Parkin-Bade Australia 2e Chapters 13, 14
Parkin-Powell-Matthews 11e Chapters 8, 9, 10
LEGO Says It Will spend $1 Billion to Build New Toymaking Plant
The LEGO Group, which has six plants worldwide, will build its first U.S.-based manufacturing plant in Virginia. The 1.7-million square-foot plant, located on 340 acres, will cost $1 billion and when completed will provide 1,760 jobs.—progress-index.com
Thousands of Britain’s ‘Fish and Chip’ Shops Could Close Within a Year
Customers expect fish and chips to be cheap. A year ago, the average price for a regular fish supper was £7. Now it’s £8.50—a 21% increase. Prices on average rose 7% in the last year.—CNN Business