Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Problem

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?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92780028
  • Price:- $15

Priced at Now at $15, Verified Solution

Have any Question?


Related Questions in Microeconomics

Question a risk-averse economic agent with a yearly income

Question: A risk-averse economic agent with a yearly income off $100,000 inherits a vineyard. In dry years, the vineyard's harvest is worth $100,000; in wet years, the vineyard's harvest is worth $20,000. Each year there ...

Question a small-volume foreign auto maker limits the

Question: A small-volume foreign auto maker limits the number of its franchised dealers in the United States and gives them exclusive territories. There are also non-dealers who have no official connection with the manuf ...

Question consider a firm that makes plastic cups it

Question: Consider a firm that makes plastic cups. It produces the cups using two inputs: metal molds and plastic pellets that are melted and injected into the molds. The firm only needs one metal mold to produce any num ...

Question you are making 1000 monthly deposits into a fund

Question: You are making $1000 monthly deposits into a fund that pays interest at a rate of 6% compounded monthly. What would be the balance at the end of 10 years? The response must be typed, single spaced, must be in t ...

Question regarding separation of ownership and control a

Question: Regarding separation of ownership and control, A major change in most corporate policies requires that a majority of stock shares that are voted favor it. Would you prefer that approval by a smaller (or possibl ...

Question in the tradeoff between economic output and

Question: In the tradeoff between economic output and environmental protection, what do the combinations on the protection possibility curve represent? The response must be typed, single spaced, must be in times new roma ...

Question there are a handful of employee-owned firms in the

Question: There are a handful of employee-owned firms in the United States. In them, committees of workers make decisions that professional managers would normally make (e.g., which markets to enter, how to price product ...

Quesiton tax ratessuppose taxes are related to income as

Quesiton: (Tax Rates)Suppose taxes are related to income as follows: Income Taxes $1,000 $200 $2,000 $350 $3,000 $450 1. What percentage of income is paid in taxes at each level? 2. Is the tax rate progressive, proportio ...

Question how can governments identify good candidates for

Question: How can governments identify good candidates for infant industry protection? Can you suggest some key characteristics of good candidates? Why are industries like computers not good candidates for infant industr ...

Question what is a trade war what are the consequences of a

Question: What is a trade war? What are the consequences of a trade war? What is the validity of the most frequently presented arguments for protectionism? What are the economic effects of tariffs and quotas? The respons ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As