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Nikki has 50 rooms left to sell tomorrow night. Her forecast indicates she would sell 20 of them at her rack rate of $100. A group would now like to...
Nikki has 50 rooms left to sell tomorrow night. Her forecast indicates she would sell 20 of them at her rack rate of $100.00. A group would now like to buy all 50 of the available rooms for $75.00 each. Assume her forecast is accurate. What is the amount of incremental revenue Nikki would achieve if she decided to sell all 50 of her available rooms to the group?