Why might a profitable motel go out of business

Assignment Help Microeconomics
Reference no: EM133442288

Question: Why might a profitable motel go out of business in the long run if the land on which it is located becomes extremely valuable due to rapid economic growth in the area?

What are the most significant costs that the firm must consider in deciding whether to go out of business?

 

Reference no: EM133442288

Questions Cloud

Provide support for an individual with a particular disorder : imagine that you were tasked to provide support for an individual with a particular disorder. Present research findings on this specific disorder
Different physical activities that you engaged in this : different physical activities (PA) that you engaged in this past week. Describe each PA then explain what sphere(s) it could be included in and why.
Calculate the new equilibrium price and quantity : Suppose that instead of restricting pollution, the government imposes a tax on producers equal to $5 for each unit of a chemical produced
What actions can you take to protect his network attacks : Despite him knowing a lot of technical things, he needs your help to implement defenses against a detected rogue access point and an evil twin.
Why might a profitable motel go out of business : Why might a profitable motel go out of business in the long run if the land on which it is located becomes extremely valuable due to rapid economic growth
Describe the approach a phenomenological researcher : Briefly describe the approach a phenomenological researcher might take when researching this topic and state a suitable research question for a phenomenological
What subscription fee and usage price would you charge : What subscription fee and usage price would you charge for business customers? What would be your profits from a typical business customer
What are some of the older legacy ethernet technologies : What are some of the older legacy Ethernet technologies, and how have things have changed in the time since these technologies.
What is the total level of widgets produced : What is the equilibrium price in this case? What is the total level of widgets produced at the Pareto optimal allocation

Reviews

Write a Review

Microeconomics Questions & Answers

  Whats marks marginal cost function

How much is his fixed cost? How much is his variable cost and at what level of production is his average cost minimum

  Why should include family background variables in regression

If you run a simple regression scorei on voucheri using a random sample of size n, does the OLS estimator provide an unbiased estimator of the effect of the voucher program?

  Market demand equation for the fruit seller

There is a fruit seller who has 30 Kgs of apples to be sold and he wants to fix a price so that all the apples are sold. There are three customers in the market and their individual demand functions are given below:

  Which of the following led to the downsizing of hospitals

Which of the following led to the downsizing of hospitals A) An increase in Primary care physicians B) Reimbursement from prospective to retrospective C) Outpatient care

  Suppose changes in bank regulations expand the availability

Suppose changes in bank regulations expand the availability of credit cards so that people need to hold less cash.a. How does this event affect the demand for money?

  Effect of increase in wage

The output effect of an increase in the wage comes about because higher wages:

  Difference between a developed and a developing country

Explain the difference between a developed and a developing country. Provide examples in your answer.

  How many autoimmunity tests per year will be performed

How many autoimmunity tests per year will have to be performed on the array machine to break even? Given the present volume of tests, would there be an annual net contribution and, if so, how much?

  Why prices have gone up by such a large amount

Make sure you explain in your answer why prices have gone up by such a large amount. If bananas were luxuries what would this mean for supply and demand curves?

  How the tannery and resorts profits combined

Consider a city with a river. The city has a resort whose visitors use the river for recreational purposes. The city also has a tannery that creates industrial waste which it dumps into the river.

  What percentage of seats must be filled for the flight

Southwest Airlines flies nonstop between Tampa and Albuquerque with 137-passenger planes. Considering all the costs of owning each plane plus the salaries.

  What fraction would we estimate answer

An economist wants to know what fraction of workers in a factory sometimes smoke marijuana on the job. She collects a random sample of 100 workers.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd