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Denaro pays $8,000 per month in rent to operate a health club in Melbourne. He a...
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Denaro pays $8,000 per month in rent to operate a health club in Melbourne. He also pays $17,000 per month in wages, $3,000 per month in food and supplies, and $1,000 per month in insurance. All of his costs of production except his insurance and rent can change if he makes different decisions about his health club production. Denaro’s monthly sunk costs equal:
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