One of the core concepts of revenue management is that companies focus on costs rather than price when balancing supply and demand Question 8 2.5 pts According to the Marriott Revenue Management video we watched in class, the term "fademeans? Rates decreasing because demand for the rooms is low. Allowing a customer to have a low rate the evening he is checking in instead of holding first to the regular rate. Cutting labor to meet low demand. The natural decrease in demand as a DOA approaches. Question 9 2.5 One of the core concepts of revenue management is that companies focus on costs rather than price when balancing supply and demand Question 8 2.5 pts According to the Marriott Revenue Management video we watched in class, the term "fademeans? Rates decreasing because demand for the rooms is low. Allowing a customer to have a low rate the evening he is checking in instead of holding first to the regular rate. Cutting labor to meet low demand. The natural decrease in demand as a DOA approaches. Question 9 2.5