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Take-a-Break Travel Company offers spring break travel packages to college students. Two of its packages, a 7.day, 6-night trip to Cancun and a 5-day, 4-night

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Take-a-Break Travel Company offers spring break travel packages to college students. Two of its packages, a 7.day, 6-night trip to Cancun and a 5-day, 4-night trip to Jamaica, have the following chatacteristics: The Cancun trip sells for $2,020, and the Jamaica trip sells for $1,780, and both packages allow two bags to be checked for free, Required: 1. What are the cutrent ptofit margins on both trips? 2. Take a-Break's management belleves that it must drop the ptice of each tip by $114 in ordet to remain competitive in the market. Recalculate profit margins for both packages at these ptice leveks

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