Solved: Why might a profitable motel shut down in the long run, Microeconomics

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Why might a profitable motel shut down in the long run

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Why might a profitable motel shut down in the long run if the land on which it is located becomes extremely valuable due to surrounding economic development? What kinds of costs are involved in making a decision to shut down?

The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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Microeconomics: Why might a profitable motel shut down in the long run

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Microeconomics: Why might a profitable motel shut down in the long run

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