You are the owner of a profitable motel whose surrounding area is experiencing rapid economic development. Why might you shut down in the short- or long-run? What kinds of costs are involved in making a decision to shut down?

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PROFITS AND THE SHUT DOWN DECISION

You are the owner of a profitable motel whose surrounding area is experiencing rapid economic development. Why might you shut down in the short- or long-run? What kinds of costs are involved in making a decision to shut down?

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