Previous Question Question 1 of 20 Next Question Despite having sufficient snow, a local ski mountain has decided to close in early March for the end of the ski season. What is the most likely reason to shut down in this situation?
owners expect that revenue earned won't cover variable costs
Explanation:
Based on the information provided within the question it can be said that the most likely reason for this happening is that the owners expect that revenue earned won't cover variable costs. Therefore it would not be worth it for them to continue operations during that time since they are most likely to end up losing money.
