l As the situation in #17 moves from the short run to the long run, each hotel's

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l As the situation in #17 moves from the short run to the long run, each hotel's demand will continue to v , each hotel's demand elasticity wil . and each hotel's long-run prots will increase v . decrease remain the same change ambiguously be zero

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l As the situation in #17 moves from the short run to the long run, each hotel's

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