similar and will rent for the same price Beck estimistes the following copeating rosts for next yonr (Click the icen to view the opeuting couks) (Click the koo to vew adstional inormation ) Read the tegutemants. Requirement 1, What proe shouls Beck chavge for a room-aight? Whit is me markug as a percentige of the tull cost of a roomenght? Begen by selecting the formula, thes entee the arsounts and solve for the toom price pee night Data table Requirements 1. What price should Beck charge for a room-night? What is the markup as a percentage of the full cost of a room-night? 2. Beck's market research indicates that if the price of a room-night determined in requirement 1 is reduced by 5%, the expected number of room-nights Beck could rent would increase by 5%. Should Beck reduce prices by 5% ? Show your calculations