Posted: November 3rd, 2015

ECONOMICS

A New Hampshire resort offers year-round activities: in winter, skiing and other

cold-weather activities; in the summer, golf, tennis, and hiking. The resort’s

operating costs are essentially the same in winter and summer. Management charges

higher nightly rates in the winter, when its average occupancy rate is 75 percent,

than in the summer, when its occupancy rate is 85 percent. Can this policy be

consistent with profit maximization? Explain.

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