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Question about profit maximization

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Can you explain (3-4 paragraphs). Please provide some cited sources, and also please show mathematically how you came to your explanation (using economic rules, etc)...

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?

 

Reference no: EM1372429

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