Solved

A 270-Room Hotel Is Two-Thirds Filled When the Nightly Room $45.00\$ 45.00

Question 9

Multiple Choice

A 270-room hotel is two-thirds filled when the nightly room rate is $100.Experience has shown that each $10 increase in cost results in 20 fewer occupied rooms.Find the nightly rate that will maximize
Income.


A) $45.00\$ 45.00
B) $285.00\$ 285.00
C) $95.00\$ 95.00
D) $190.00\$ 190.00
E) $117.50\$ 117.50

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions