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Should markham hotel sell at the higher price

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Markham Resort has 100 standard rooms and 50 deluxe rooms. November is the busiest month of the year. If Markham Hotel sells its standard room at $100 and deluxe room at $120, it will have 100% occupancy. If it sells at $120 and $150, it will have 80% occupancy.

Assuming there is no change to all costs.

Question 1: Should Markham Hotel sell at the higher price?

Reference no: EM132556076

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