Find expert answers and community insights on IDNLearn.com. Our Q&A platform offers reliable and thorough answers to help you make informed decisions quickly and easily.
the prancing pony inn, a 100-room hotel, currently operates at 75.00% occupancy, a rack rate of $60.00, and a marginal cost of $8.00 per room. the management of the prancing pony inn is considering discounting the rack rate by both 10.00% and 20.00% so that they can increase the occupancy. what equivalent occupancy percentage must be achieved to maintain the same levels of room contribution margin for both 10.00% and 20.00% discount levels (assume that marginal cost will remain the same for the two discount situations)?
Sagot :
We value your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. Find the answers you need at IDNLearn.com. Thanks for stopping by, and come back soon for more valuable insights.
