You are a ride-share driver in New York who earns $250 for a…

You are a ride-share driver in New York who earns $250 for a day’s work. You have been offered a one-day ticket to the U.S. Open (also in New York) for $100. As a tennis fan, you value the experience at $300.  Heading to the U.S. Open means missing a day of work. 1.  Should you go to U.S. Open?  Explain using a cost benefit approach in decision-making from module #1 2.  In your own example in your discussion post, how did you value your benefits (enjoyment) in dollar terms?  3. In general, give two reasons why it is challenging to apply cost/benefits to decision-making *For the question,  you will want to define and use correctly the terms  marginal cost, marginal benefit, and opportunity cost.  

A revenue manager is preparing next year’s rooms forecast. T…

A revenue manager is preparing next year’s rooms forecast. The manager learns that in November of next year a new hotel is opening near the manager’s own property. Thus, the manager is considering reducing the room sales forecast for that month. If the manager does so, what data type will most be impacting this manager’s decision?

For tonight, a revenue manager’s hotel has sold 175 of the h…

For tonight, a revenue manager’s hotel has sold 175 of the hotel’s 200 available rooms. As a result, the manager is immediately eliminating room discounts on the remaining 25 rooms. In doing so, what data type is the manager primarily using to make that pricing decision?