You own a small country club you have three types of, Ask an Expert

Management Studies

You own a small country club. You have three types of customers who value each round of golf they play during a month as shown in the following table:

Round	Segment 1	Segment 2	Segment 3
1	$60	$60	$40
2	$50	$45	$30
3	$40	$30	$20
4	$30	$15	$10
5	$20	$0	$0
6	$10	$0	$0

It costs you $5 in variable costs to provide a customer with a round of golf. Find a profit maximizing a two-part tariff. Each market segment is of equal size.

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92190242

Have any Question?Write your Review or question?

Related Questions in Business Management

Assignment detailsa representational work printed on card

Assignment Details: A representational work printed on card, canvas or similar medium for designed public display containing text and graphic elements. Poster content Introduction & background with pertinent literature r ...

How might social media help in recruiting passive job

How might social media help in recruiting passive job applicants, those not actively looking for a job?

Shellys preferences for consumption and leisure can be

Shelly's preferences for consumption and leisure can be expressed as U(C, L) = (C - 100) (L - 40). This utility function implies that Shelly's marginal utility of leisure is C - 100 and her marginal utility of consumptio ...

Briefly discuss the advantages and disadvantages of line

Briefly discuss the advantages and disadvantages of line balancing?

How is vision used to confront resistance to change and

How is vision used to confront resistance to change, and move through it? How can a shared vision possibly facilitate collaboration or ultimately the successful implementation of a change initiative?

The term refers to employees working with data and

The term refers to employees working with data and generating information, rather than creating a product or other tangible output.

Calculate the current ratio debt ratio profit margin and

Calculate the current ratio, debt ratio, profit margin, and inventory turnover of the company. Explain what each calculated ratio tells you about how well (or poorly) the company is performing. Attachment:- Deep Roots.ra ...

Define the two concepts moral hazard and adverse selection

Define the two concepts "moral hazard" and "adverse selection." Describe separately how the existence of each affects the market for health insurance and medical care. What are some of the ways that insurance companies t ...

Employees at many successful companies start the day by

Employees at many successful companies start the day by checking the economic forecast. Patagonia's Ventura, California, employees start the day by checking the surf forecast. The outdoor clothing company encourages its ...

What is the difference between a team and a group of

What is the difference between a team and a group of people?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert