Question: Variable costs are about ( $ 7 ) per guest. Currently, the resort has such a favorable reputation among skiers and snowboarders

Variable costs are about \(\$ 7\) per guest. Currently, the resort has such a favorable reputation among skiers and snowboarders that it has some control over the lift ticket prices.
Read the requirements.
Requirement 1. Would SnowDelight emphasize target pricing or cost-plus pricing? Why? Of course, they still need to consider whether the cost-plus price is within the range customers are willing to pay.
Requirement 2. If other resorts in the area charge \(\$ 80\) per day, what price should SnowDelight charge?
Complete the following table to calculate the price SnowDelight should charge per lift ticket.Plus:Plus:Divided by:
Variable costs are about \ ( \ $ 7 \ ) per guest.

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