If you are not familiar with Priceline.com Inc., go to its website. Assume that an individual names a price of $85 on Priceline.com for a room in Nashville, Tennessee, on August 22. Assume that August 22 is a Saturday, with low expected room demand in Nashville at a Marriott International, Inc., hotel, so there is excess room capacity. The fully allocated cost per room per day is assumed from hotel records as follows:

1. Should Marriott accept the customer bid for a night in Nashville on August 22 at a price of $85? Why or why not?

***** answer in a full paragraph please, essay assignment *****

Housekeeping labor cost Hotel depreciation expense Cost of room supplies (soap, paper, etc.) Laundry labor and material cost Cost of desk staff Utility cost (mostly air conditioning) Total cost per room per day $ 38 43 8 10 6 5 $110