As manager of Citywide Racquet Club, you must determine the best price to charge for locker rentals. Assume that the (marginal) cost of providing…
As manager of Citywide Racquet Club, you must determine the best price to charge for locker rentals. Assume that the (marginal) cost of providing lockers is 0. The monthly demand for lockers is estminate to be Q = 100 – 2P where P is the monthly rental price and Q is the number of lockers rented per month.How many lockers are rented monthly at this price?
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