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Assume that you are an entrepreneur of a Hotel. What are the fixed and variable costs to be carried out in that business?​
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27 votes
Assume that you are an entrepreneur of a Hotel. What are the fixed and variable costs to be carried out in that business?​

User Sardok
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11 votes
11 votes

Answer:

Variable costs are clearly related to hotel occupancy and business volume. As business volume or occupancy increases, variable costs will increase; as hotel occupancy decreases, variable costs should decrease as well.

User Martin Koles
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