A luxury hotel has fixed cost of $ 2 0 0 , 0 0 0 per month.
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Question:
A luxury hotel has fixed cost of $ per month. the variable costis $ per occupied room, whereas the average revenue is $ However, the hotel incurs an additional $ per month per staff salaries and other running expenses. the hotels occupancy rate is Calculate the breakeven point for the hotel in terms of the number of occupied rooms it needs to achieve to cover all cost?
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