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    Exam 15: Understanding Billing and Financial Operations in the Hospitality Industry
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    "Discounting"rates Is Industry-Approved Because It Takes Place in an Elastic
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"Discounting"rates Is Industry-Approved Because It Takes Place in an Elastic

Question 48

Question 48

True/False

"Discounting"rates is industry-approved because it takes place in an elastic market; "rate cutting"is industry-disapproved because it takes place in an inelastic market.

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