subject
Business, 12.03.2021 15:50 jflakes5108

Joe has just moved to a small town with only one golf​ course, the Northlands Golf Club. His inverse demand function is p​q, where q is the number of rounds of golf that he plays per year. The manager of the Northlands Club negotiates separately with each person who joins the club and can therefore charge individual prices. This manager has a good idea of what​ Joe's demand curve is and offers Joe a special​ deal, where Joe pays an annual membership fee and can play as many rounds as he wants at ​$​, which is the marginal cost his round imposes on the Club. Joe marries​ Susan, who is also an enthusiastic golfer. Susan wants to join the Northlands Club. The manager believes that​ Susan's inverse demand curve is pq. The manager has a policy of offering each member of a married couple the same​ two-part prices, so he offers them both a new deal. What​ two-part pricing deal maximizes the​ club's profit?
Will this new pricing have a higher or lower access fee than in​ Joe's original​ deal?
How much more would the club make if it charged Susan and Joe separate​ prices?
The club maximizes profit subject to the policy by charging a per round price of:

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 18:30
What’s the best type of healthcare plan
Answers: 1
question
Business, 22.06.2019 01:00
Azster inc. recorded sales revenue for the year that ended december 31, 2014 as $67,000. interest revenue of $5,300 and expenses of $14,000 were also recorded for the same period. what is aster’s net profit or loss?
Answers: 3
question
Business, 22.06.2019 06:00
List three careers that require knowledge of science. list three careers that require the use of of math. list three careers that require the use of foreign language. list three careers that require the use of good writing skills. list three careers that require the use of good computer skills.
Answers: 3
question
Business, 22.06.2019 13:30
Over the past year, three of the star salesmen at family resorts international's corporate office have been lured away to competitors. on top of that, karina, the general manager of the sales department, has noticed that most employees come in, do their jobs, and leave. family resorts offers a good salary, benefits, and tuition reimbursement, as well as a number of development and training programs. most employees seem contented enough, but karina would like to do something to increase the level of engagement among her staff. what do you think karina should do?
Answers: 1
You know the right answer?
Joe has just moved to a small town with only one golf​ course, the Northlands Golf Club. His inverse...
Questions
question
History, 02.03.2020 22:58