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Question:Gohrunsa FitnessCenter, which has signed a contract to rent space that costs RM3,500 per month. If Gohdecides to operate, the cost ofhiring fitnesstrainersis RM6,000 for the month. If Gohwants to shut down, hestill has to pay the rent, but doesnot have tohire labour. Now, consider THREE(3) possible scenarios. In the firstscenario: FitnessCenter does not have any members, and therefore does not make any revenues, in which case it faces losses of RM3, 500 equal to the fixed costs.In thesecond scenario:FitnessCenter has members that earn the center revenues of RM6,000 for the month, but eventually experiences losses of RM6,000 dueto hire fitnesstrainersto cover the classes.In the third scenario:FitnessCenter earns revenues of RM9, 000 for the month, but experienceslosses of RM500.Based on the given scenarios, is that Gohshould shut down his FitnessCenter immediately or lateror continue?

BK022 Principles of Economics

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Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

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ECON310-Global Managerial Economics

Assignment Description Suppose that there are two products: clothing and soda. Both Brazil and the United States produce each product. Brazil can produce 100,000 units of clothing per year and50,000 cans of soda. The United States can produce 65,000 units of clothing per year and 250,000 cans of so ...

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The Monetarist Counterrevolution

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Effect of Functional Income Distribution

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