Question: The renowned Centerville Art Studio has had a fixed fee of $ 1 7 . 0 0 per hour. The studio has 3 6 well

The renowned Centerville Art Studio has had a fixed fee of $17.00 per hour. The studio has 36well-equipped art studios, with average usage of 50%,8 hours a day, 7 days a week. Brandon Harper, the studio's owner, would like to enhance revenue. He proposes new pricing at $12 per hour on weekdays and $22 per hour on weekends. He estimates that weekday usage will increase to 60% and weekend usage will remain at 50%, even with the price increase. Variable cost is a consistent $5 per hour. Which strategy is better?

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