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The Hilton Hotel Chain Serves Both Business and Vacation Travelers

Question 44

Multiple Choice

The Hilton Hotel chain serves both business and vacation travelers. and <sub> </sub>represent the demand and marginal revenue for business travelers,while and are the demand and marginal revenue for vacation travelers.If marginal cost decreases to the point that total marginal revenue MR<sub>T</sub> is not shown in the figure) for Hilton at the profit-maximizing level of total output is $40,what price should the Hilton charge BUSINESS travelers? A) $60 B) $80 C) $100 D) $120 E) $140 The Hilton Hotel chain serves both business and vacation travelers. The Hilton Hotel chain serves both business and vacation travelers. and <sub> </sub>represent the demand and marginal revenue for business travelers,while and are the demand and marginal revenue for vacation travelers.If marginal cost decreases to the point that total marginal revenue MR<sub>T</sub> is not shown in the figure) for Hilton at the profit-maximizing level of total output is $40,what price should the Hilton charge BUSINESS travelers? A) $60 B) $80 C) $100 D) $120 E) $140 and The Hilton Hotel chain serves both business and vacation travelers. and <sub> </sub>represent the demand and marginal revenue for business travelers,while and are the demand and marginal revenue for vacation travelers.If marginal cost decreases to the point that total marginal revenue MR<sub>T</sub> is not shown in the figure) for Hilton at the profit-maximizing level of total output is $40,what price should the Hilton charge BUSINESS travelers? A) $60 B) $80 C) $100 D) $120 E) $140 represent the demand and marginal revenue for business travelers,while The Hilton Hotel chain serves both business and vacation travelers. and <sub> </sub>represent the demand and marginal revenue for business travelers,while and are the demand and marginal revenue for vacation travelers.If marginal cost decreases to the point that total marginal revenue MR<sub>T</sub> is not shown in the figure) for Hilton at the profit-maximizing level of total output is $40,what price should the Hilton charge BUSINESS travelers? A) $60 B) $80 C) $100 D) $120 E) $140 and The Hilton Hotel chain serves both business and vacation travelers. and <sub> </sub>represent the demand and marginal revenue for business travelers,while and are the demand and marginal revenue for vacation travelers.If marginal cost decreases to the point that total marginal revenue MR<sub>T</sub> is not shown in the figure) for Hilton at the profit-maximizing level of total output is $40,what price should the Hilton charge BUSINESS travelers? A) $60 B) $80 C) $100 D) $120 E) $140 are the demand and marginal revenue for vacation travelers.If marginal cost decreases to the point that total marginal revenue MRT is not shown in the figure) for Hilton at the profit-maximizing level of total output is $40,what price should the Hilton charge BUSINESS travelers?


A) $60
B) $80
C) $100
D) $120
E) $140

Correct Answer:

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