Exam (elaborations)
Hospitality Revenue Management final exam review | Questions with 100% Correct Answers | Verified | Updated 2024
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What is the industry term used to describe the sum of prices paid by a business's customers?: total revenues Historically, what concept have hospitality managers chiefly used to calcu- late their selling prices?: costs What is an algebraic equivalent of the formula: Sales = Costs + Profit?: prof-...
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