Identify the pricing strategy that is being used by the company. 2. 8Wave would have many costs involved in running their business. List 10-15 costs that 8Wave would have. 3. Explain why the “Off-Season” price is generally more expensive than “Summer Season.” 4. Estimate the percentage mark-up that 8Wave puts on top of its cost to find the final price. Justify your answer.
Identify the pricing strategy that is being used by the company. 2. 8Wave would have many costs involved in running their business. List 10-15 costs that 8Wave would have. 3. Explain why the “Off-Season” price is generally more expensive than “Summer Season.” 4. Estimate the percentage mark-up that 8Wave puts on top of its cost to find the final price. Justify your answer.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
1. Identify the pricing strategy that is being used by the company.
2. 8Wave would have many costs involved in running their business. List 10-15 costs that 8Wave would have.
3. Explain why the “Off-Season” price is generally more expensive than “Summer Season.”
4. Estimate the percentage mark-up that 8Wave puts on top of its cost to find the final price. Justify your answer.
Transcribed Image Text:OFF-SEASON RATES
FmOriginal
SWebes
2019
Waterpark & Hotel
MONDAY - FRIDAY
(NO WAVES & BUBBLES)
SATURDAY, SUNDAY
DAY
& HOLIDAYS
9:00AM-6:00PM
(W/ WAVES & BUBBLES)
SWIMMING
9:00AM-6:00PM
ADULT
P 200.00
P 250.00
CHILD ( BELOW 4 FT.)
2 FT BELOW IS FREE!
SENIOR (WITH I.D.)
P 170.00
P 200.00
P 170.00
P 200.00
MONDAY - FRIDAY
SATURDAY, SUNDAY
NIGHT
(NO WAVES & BUBBLES)
& HOLIDAYS
(w/ BUBBLES ONLY)
SWIMMING
(HOTEL SIDE POOL ONLY)
6:30PM-10:00PM
6:30PM-10:00PM
ADULT
P 100.00
P 150.00
CHILD ( BELOW 4 FT.)
2 FT BELO W IS FREE!
SENIOR ( WITH I.D.)
P 70.00
P 100.00
P 70.00
P 100.00
Transcribed Image Text:SUMMER 2020
ENTRANCE FEE
The Original
Waterpark & Hotel
DAY SWIMMING
ADULT
Php 250.00
CHILD (BELOW 4FT.)
Php 200.00
2FT. BELOW IS FREE!
SENIOR (WITH ID)
Php 200.00
Operation of Water Effects: 10 AM-12 NN; 2PM-5PM
NIGHT SWIMMING
MONDAY-FRIDAY SATURDAY,SUNDAY
(BUBBLE POOL &
OLYMPIC POOL)
& HOLIDAYS
(w/WAVE POOL)
TILL 11:00PM
6:00PM-11:00PM
ADULT
Php 150.00
Php 250.00
CHILD (BELOW 4FT.)
Php 100.00
Php 200.00
2FT. BELOW IS FREE!
SENIOR (WITH ID)
Php 100.00
Php 200.00
Operation of waves every Sat. -Sun. & Holidays: 7PM 9PM
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