Hotels and resorts often have different rules on discounts for different types of travelers. the hotels do this because:
a) different types of travelers have different elasticities of demand.
b) the different discounts are a marketing ploy to confuse consumers.
c) the hotel computers are confused and so give different groups different discounts.
d) all travelers respond to discounts in the same manner.
e) business travelers are very flexible in their travel times and dates; vacationers have almost no flexibility.

Which is part of the sales process? a. customer retention b. billing c. cost planning d. customer relations

Kinkead inc. forecasts that its free cash flow in the coming year, i.e., at t = 1, will be −$10 million, but its fcf at t = 2 will be $20 million. after year 2, fcf is expected to grow at a constant rate of 4% forever. if the weighted average cost of capital is 14%, what is the firm's value of operations, in millions?

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.