subject
Business, 13.06.2020 16:57 wbrandi118

Consider a golf club in a small town that charges customers both a per-round price (P) and a club membership fee (F). Its management has estimated that there are 10 serious golfers (S) and 40 casual golfers (C). The estimated direct demand curves for each type of golfer is as follows: Serious golfer: LaTeX: Q_s=100-2PQ s = 100 βˆ’ 2 P Casual golfer: LaTeX: Q_c=80-2PQ c = 80 βˆ’ 2 P The fixed costs of providing a round of golf are negligible and the marginal costs are equal to $10. If the club sets its prices based on the preferences of the serious golfer, what is the profit-maximizing per-round price? 10

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 08:40
Mcdonald's fast-food restaurants have a well-designed training program for all new employees. each new employee is supposed to learn how to perform standardized tasks required to maintain mcdonald's service quality. due to labor shortages in some areas, new employees begin work as soon as they are hired and do not receive any off-the-job training. this nonconformity to standards creates
Answers: 2
question
Business, 22.06.2019 11:30
Mai and chuck have been divorced since 2012. they have three boys, ages 6, 8, and 10. all of the boys live with mai and she receives child support from chuck. mai and chuck both work and the boys need child care before and after school. te boys attend the fun house day care center and mai paid them $2,000 and chuck paid them $3,000. mai's agi is $18,000 and chuck's is $29,000. mai will claim two of the boys as dependents. she signed form 8332 which allows chuck to claim one of the boys. who can take the child and dependent care credit?
Answers: 3
question
Business, 23.06.2019 01:20
Which resource management task includes activating local resource requirements, if available? a. track and report b. mobilize c. order and acquire d. reimburse and restock
Answers: 1
question
Business, 23.06.2019 02:00
Here are the expected cash flows for three projects: cash flows (dollars) project year: 0 1 2 3 4 a βˆ’ 6,100 + 1,275 + 1,275 + 3,550 0 b βˆ’ 2,100 0 + 2,100 + 2,550 + 3,550 c βˆ’ 6,100 + 1,275 + 1,275 + 3,550 + 5,550 a. what is the payback period on each of the projects? b. if you use a cutoff period of 2 years, which projects would you accept?
Answers: 2
You know the right answer?
Consider a golf club in a small town that charges customers both a per-round price (P) and a club me...
Questions
Questions on the website: 13722362