Order the answer to: Suppose you were head of…
| Question | Suppose you were head of a nationwide hotel chain that had a supply of 10,000 rooms. And suppose that the demand schedule for these rooms per night was as follows: What would be the most profitable price, assuming you had a single-price policy? Now suppose you can price discriminate. How would you price your rooms and calculate the resulting total revenue? |
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| Subject | business-economics |
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