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 $ per hour. The studio has wellequipped art studios, with average usage of hours a day, days a week. Brandon Harper, the studio's owner, would like to enhance revenue. He proposes new pricing at $ per hour on weekdays and $ per hour on weekends. He estimates that weekday usage will increase to and weekend usage will remain at even with the price increase. Variable cost is a consistent $ per hour. Which strategy is better?
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