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The Hilton Hotel Chain Serves Both Business and Vacation Travelers DBusiness D _ { \text {Business } }

Question 48

Multiple Choice

   The Hilton Hotel chain serves both business and vacation travelers.Above,  D _ { \text {Business } }  and  M R _ { \text {Business } }  <sub> </sub>represent the demand and marginal revenue for business travelers,while  D _ { \text {vacation } }  and  M P _ { \text {Vacation} }  are the demand and marginal revenue for vacation travelers.What price should the Hilton charge VACATION travelers? A) $20 B) $30 C) $50 D) $60 E) $70 The Hilton Hotel chain serves both business and vacation travelers.Above, DBusiness D _ { \text {Business } } and MRBusiness M R _ { \text {Business } } represent the demand and marginal revenue for business travelers,while Dvacation D _ { \text {vacation } } and MPVacationM P _ { \text {Vacation} } are the demand and marginal revenue for vacation travelers.What price should the Hilton charge VACATION travelers?


A) $20
B) $30
C) $50
D) $60
E) $70

Correct Answer:

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