Of course, everyone wants to spend their holiday working right?
Once again, they'd have to cover the loss of revenue as well as the
rental fee. Who has to bear the brunt of it, the customer that has
to pat an extra $2 just for during this season or the shop owner
who's potentially losing hundreds or even thousands of dollars
during the closure?
Another reason, price inelasticity. An increase in the price, to a
certain extent, will not effect the amount of customers that comes
to have their hair cut during this period. Who doesn't want to earn
more money?
