Many people like the idea of owning and operating a small inn. Some economists have called innkeeping

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Many people like the idea of owning and operating a small inn. Some economists have called innkeeping a “capital consumption industry,”

because they think more is invested in inns than is ever earned.

Suppose this is true, how could this occur?

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Economics Barrons Business Review Series

ISBN: 9781438008776

6th Edition

Authors: Walter J. Wessels

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Question Posted: Feb 18, 2024 04:01 AM

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Many people like the idea of owning and operating a small inn. Some economists have called innkeeping

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There are three possible reasons The first is that people get ...View the full answer

Economics Barrons Business Review Series

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