2. Beck's market research indicates that if the price of a room-night determined in requ reduced by 10%, the expected number of room-nights Beck could rent would increase by Beck reduce prices by 10%? Show your calculations. 13-17 Short-run pricing, capacity constraints. Manitoba Dairy, maker of specialty cheeses, pro cheese from the milk of Holstein cows raised on a special corn-based diet. One kilogram of which has a contribution margin of $8, requires 4 litres of milk. A well-known gourmet restaura Manitoba Dairy to produce 2,000 kilograms of a hard cheese from the same milk of Holstein co that the dairy has sufficient unused capacity, Elise Princiotti, owner of Manitoba Dairy, calcula of making one kilogram of the desired hard cheese: Milk (10 litres x $1.50 per litre) $15 Variable direct manufacturing labour 5 Variable manufacturing overhead 5 Fixed manufacturing cost allocated 6 Total manufacturing cost $31 Required 1. Suppose Manitoba Dairy can acquire all the Holstein milk that it needs. What is the minim kilogram it should charge for the hard cheese? 2. Now suppose that the Holstein milk is in short supply. Every kilogram of hard cheese | Manitoba Dairy will reduce the quantity of soft cheese that it can make and sell. What is 1 price per kilogram it should charge to produce the hard cheese