In a perfectly competitive market there is a cookie shop that sells 1,200 cookies daily. Each cookie sells for the market price of $0.75 and they sell out every day. Assume that this company has labor costs of $275 and materials costs of $400. a. At what price would this cookie shop shutdown in the short run? - Now assume that the owner is thinking of adding a second location downtown. The capital investment required is $4,000 (not sunk). The normal rate of return is 5%. c. If the new shop could operate under the same conditions as the original location is it a good business decision to expand? d. What would be the new shop's daily profit?

PROBLEM: Orange Line Metro Train The Orange Line Metro Train is an automated rapid transit system in Lahore, Punjab, Pakistan. It will be Pakistan's first metro and first of the three proposed colored rail lines for the Lahore Metro Train Project. The line will span 27.1 km with 25.4 km elevated and 1.72 km underground. Consisting of 26 stations and is expected to handle 250,000 passengers daily. It also encompasses as a part of the wider China Pakistan Economic Corridor. It is expected to be operational in early 2020. Lahore Metrobus System Inaugurated on February 11, 2014, the Lahore Metrobus System currently operates with a fleet of 66 buses. The buses run on a single 28.7 km long Ferozepur Road corridor. Following the initiation ceremony, use of the system was to be free during the first month. However, following a week of chaos and overcrowding, a fare of Rs. 20 was imposed irrespective of the QC

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