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When a Guest Room Is Reported in a PMS as Being

question 24

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When a guest room is reported in a PMS as being occupied,but the room was not used,and no guest or guest belongings are present in the room,that room's status would be reported by housekeeping as a


Definitions:

Profit-maximizing Level

The output level at which a business achieves the highest possible profit, found where marginal cost equals marginal revenue.

Total Costs

The complete amount of expenses incurred by a business, combining both fixed and variable costs associated with production.

Inputs Prices

Prices of goods or services that are used in the production of other goods or services.

Profit-maximizing

The process or strategy of adjusting production and sale operations to achieve the highest possible profit.

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