1. what price should Blodgett charge for a room night? What is the markup as a percentage...

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1. what price should Blodgett charge for a room night? What is the markup as a percentage of the full cost of a room night?

2. Blodgetts market research indicates that if the price of a room night determined in requirement 1 is reduced by 10%, the expected number of room nights to rent would increase by 10%. Should Blodgett reduce prices by 10%? Show your calculations.

Posted Date: May 14, 2024 05:23 AM

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1. what price should Blodgett charge for a room night? What is the markup as a percentage...

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