Question

The mean average cost of standard room per night at a hostel is £20.60. Therefore, how much does a standard room cost per night at Night-Time Rest Days?

Answer 1

The answer to the question is £20.60

Explanation:

From the example,there exist a rule called cost pricing that is forced on businesses to set restriction to what they can charge clients for its services and products.

What this means is that, if the mean average cost of the standard room per night at a hostel is £20.60, the Night-Time Rest Days will set the room cost per night at a price comparably close to the mean average cost which is £20.60.

Answer 2

Answer: at a price relatively close to the mean average cost which is £20.60

.There is an average cost pricing rule imposed on businesses to set limitations to what they can charge clients for its products or services. This implies that if the mean average cost of the standard room per night at a hostel is £20.60, Night-Time Rest Days will set the room cost per night at a price relatively close to the mean average cost which is £20.60.