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A hotel has 50 rooms. The cost of having an unoccupied room is $100/day. Assume the month has 30 days. Note: Daily Occupancy = [#Rooms

A hotel has 50 rooms. The cost of having an unoccupied room is $100/day. Assume the month has 30 days. Note: Daily Occupancy = [#Rooms Occupied / #Total Rooms] x 100% for a given day.

a. What is the break-even revenue for the month?

b. Come up with a formula for Monthly Occupancy

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