subject
Business, 19.12.2019 02:31 dannyboy5911

Suppose that the cost of operating a 100-room hotel for a night is $10,000, whether or not there are any guests are the hotel. suppose that there are 5 empty rooms for tonight. if the marginal cost of operating one room for one night is $30 and the customer is willing to pay $60 for the night, the hotel manager

a. rent the room because the marginal benefit exceeds the marginal cost.

b. rent the room because the marginal benefit exceeds the average cost.

c. not rent the room because the marginal benefit is less than the marginal cost.

d. not rent the room because the marginal benefit is less than the average cost.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:50
Amanda rice has just arranged to purchase a $640,000 vacation home in the bahamas with a 20 percent down payment. the mortgage has a 7 percent apr compounded monthly and calls for equal monthly payments over the next 30 years. her first payment will be due one month from now. however, the mortgage has an eight-year balloon payment, meaning that the balance of the loan must be paid off at the end of year 8. there were no other transaction costs or finance charges. how much will amanda’s balloon payment be in eight years
Answers: 3
question
Business, 22.06.2019 08:30
Match the items with the actions necessary to reconcile the bank statement.(there's not just one answer)1. interest credited in bank account2. fee charged by bank for returned check3. checks issued but not deposited4. deposits yet to be crediteda. add to bank statementb. deduct from bank statementc. add to personal statementd. deduct from personal statement
Answers: 2
question
Business, 22.06.2019 15:00
Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive
Answers: 1
question
Business, 22.06.2019 17:30
Which of the following services will be provided by a full-service broker but not by a discount broker? i. research of potential investment opportunities ii. purchase and sale of stock at your request iii. recommendation of investments a. i and iii b. ii only c. iii only d. i, ii, and ii
Answers: 2
You know the right answer?
Suppose that the cost of operating a 100-room hotel for a night is $10,000, whether or not there are...
Questions
question
Health, 31.03.2020 10:30
question
Mathematics, 31.03.2020 10:37