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You own an enchanting Victorian bed-and-breakfast facility in Ashland,Oregon,home of the annual Oregon Shakespeare Festival.The symbol for your in-season rates is ,when the Bard's plays are being enacted on the stages.In season,you have a two-night minimum-stay requirement.When the festival season has ended,however,you have trouble filling your rooms.
Using the tool of yield management,what action will you take to maximize profits?
Herbivory
The consumption of plants by animals, a key ecological interaction that influences plant community structure and dynamics.
Competitive Exclusion
A principle stating that two species competing for the same resources cannot coexist at constant population values if other ecological factors remain constant.
Character Displacement
Character displacement refers to the evolutionary changes in traits among similar species which reduce competition when they inhabit the same ecosystem, allowing for coexistence.
Interference Competition
A form of competition wherein one organism directly obstructs another from accessing a resource.
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