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Question: A bed and breakfast breaks even every month if they book 30 rooms over the course of a month. Their fixed cost is $4200 per month and the revenue they receive from each booked room is $180. What is their variable cost per occupied room?

  • $30
  • $40
  • $48
  • $62

Please Explain.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9961864
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