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QUESTION 3 Four local businesses; a boat cruise company, a local hotel, a restaurant, and an ice - cream stand, have decided to offer a
QUESTION
Four local businesses; a boat cruise company, a local hotel, a restaurant, and an icecream stand, have decided to offer a special "night on the Rideau" for $ per couple. "Night on the Rideau includes: dinner, a boat cruise, ice cream and a night at a hotel. If purchased separately, this offer would cost $hotel $ boat cruise $ restaurant $ ice cream $
Required
A Allocate the revenue of $ between the four local businesses using the stand alone method.
B Allocate the revenue of $ between the four local businesses using the incremental revenue. Assume the order of preference is as follows: st Restaurant, nd Ice Cream, rd Boat Cruise, th Hotel
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