The owner of a recently built cruise ship is deciding how to price its rooms.What advice would you give the owner? A)Since MRMC,price to fill capacity D)Both A&C

Question

The owner of a recently built cruise ship is deciding how to price its rooms.What advice would you give the owner?​
A)​Since MR<MC,do not price to fill capacity
B)Since MR<MC,price to fill capacity
C)Since MR>MC,price to fill capacity
D)​Both A&C

Quizplus · Accepted Answer

When MR > MC, it's profitable to sell more units until MR equals MC, indicating pricing to fill capacity can be beneficial. However, when MR < MC, it's not profitable to sell additional units, suggesting not pricing to fill capacity. Both scenarios can apply depending on different market conditions or segments of the cruise ship's offerings.

The Owner of a Recently Built Cruise Ship Is Deciding