Monday
July 28, 2014

Homework Help: Managrial Economics

Posted by Matt on Sunday, September 19, 2010 at 11:57pm.

Anyone has answer for this please?

A New Hampshire resort offers year-round activities: in winter, skiing and other cold-weather activities; and in summer, golf, tennis, and hiking. The resorts operating costs are essentially the same in winter and summer. Management charges higher nightly rates in the winter, when its average occupancy rate is 75 percent. Can this policy be consistent with profit maximization? Explain.

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