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4. The Resolute Resort hotel currently operates at 75% occupancy, using a rack rate for all rooms of $60 and a marginal cost per room
4. The Resolute Resort hotel currently operates at 75% occupancy, using a rack rate for all rooms of $60 and a marginal cost per room sold of $8. Calculate the occupancy figures for discount grid using discount percentages of 5%, 10%, 15%, and 20%
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