Insomniac Hotel's Cost Function Based on Guest- Days of Occupancy

question 20

Multiple Choice

Insomniac Hotel's cost function based on guest- days of occupancy for custodial cost is given as: Y = $50,000 + $10.00X. Insomniac Hotel expects an occupancy level of 12,000 guest days. Insomniac Hotel's expected total cost is:

• A) $120,000
• B) $10.00
• C) $170,000
• D) $50,000

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Definitions:

Hispanic

A term used to describe people, cultures, or countries historically linked to Spain, especially those countries or regions colonized by Spain in the Americas.

U.S. Census Bureau

A principal agency of the U.S. Federal Statistical System responsible for producing data about the American people and economy, most notably through the decennial census.

Population

The total number of individuals inhabiting a particular territory or area.

Asians/Pacific Islanders

Individuals of Asian or Pacific Islander descent, often referring to a diverse group of people from the Asian continent and the Pacific islands of Melanesia, Micronesia, and Polynesia.