Water parks

There are two time scales in economics the short and the long run. During the long run, all things are changeable. During the short run however, the majority of things are fixed. The only thing that is easy to change in the short run is labor. Labor is the human capital that a firm hires. Companies can easily decide to cut or reduce hours as a short term solution to decreasing profits. The quantity of labor directly effects output; so, a reduction in labor will reduce output and labor expenses. During the long run, all variable expenses and some fixed expenses are changeable. Variable expenses are things like quantity of labor, miscellaneous expenses, and bonuses. Fixed expenses are things like rent expense. The only fixed expense that I can think of changeing in the long run is the cost of resources because once contracts expire you can renegotiate them. Some companies decide to temporally shut down to eliminate variable cost.  Sever local water parks practice season shut down.  Islands of adventures,  Rec center water parks, and Wet and Wild all shout down for at least four months of the year. The parks shutdown during the winter and some parts of spring and fall.