An investor is franchising a new type of fitness studio that will be the first in the city and must determine how many locations to open. For each location, they will hire a manager for a salary of $$4,000$ per month and two part$-$time employees who will earn $$1,500$ per month each. Additional operating costs, including rent and utilities, will be $$5,000$ per month at each location. The investor projects that after the business gains traction, the first location will have $1,100$ members. The second location will bring in $900$ members. The third and fourth locations will bring in $400$ and $200$ members, respectively. The monthly membership fee will be $$50$ per member. However, looking at the most recent population data, the investor learns that the city's population growth rate is declining. This change in expectations about the future decreases their membership forecast by $200$ members for each potential location. How does this change in expectations change the investor's franchising decision?

They will franchise two locations instead of three.

They will franchise one location instead of two.

They will franchise the same number of locations.

The data would not impact the investor's decision.