The Owner of a 20-Room Motel,which Is 70% Occupied,decides to Charge

question 45

Essay

The owner of a 20-room motel,which is 70% occupied,decides to charge $8 more than the single occupancy rate if two or more people occupy the room.This situation occurs in 75% of the occupied rooms,on the average.What should the two rates be so that the owner receives $160,000 in annual income to cover expenses and yield a reasonable profit? (Assume that a year has 365 days and give your answer to the nearest dollar.)

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Definitions:

Gender Schemas

Cognitive structures that reflect the perceived societal norms and expectations associated with male and female roles.

Gender Roles

The societal norms dictating the types of behaviors that are considered desirable or appropriate based on one’s gender.

Cognitive Structures

The mental frameworks that help individuals organize and interpret information.

Gender Schema

A cognitive framework that organizes information related to gender, influencing how individuals perceive and interact with their gendered world.