Nestl Purina PetCare Plans to Open New Factory in North Carolina Nestl Purina PetCare announced a $450

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Nestlé Purina PetCare Plans to Open New Factory in North Carolina Nestlé Purina PetCare announced a $450 million investment to open a new factory in North Carolina. Purina plans to employ more than 300 people at its new factory location.

a. Which of Nestlé Purina’s decisions described in the news clip is a short-run decision and which is a long-run decision?

b. Why is Nestlé Purina’s long-run decision riskier than its short-run decision?

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Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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Question Posted: Jan 27, 2024 10:01 PM

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Nestl Purina PetCare Plans to Open New Factory in North Carolina Nestl Purina PetCare announced a $450

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