Suppose the total monthly demand for golf services is Q = 20 − P. The marginal cost to the firm of each round is $1. If this demand function is based on the individual demands of 10 golfers, what is the optimal two-part pricing strategy for this golf services firm? How much profit will the firm earn?

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A: Q = 1350 - 45p p = 30 - (1/45) Q TC = 0.1q3 - 3q2 +40q

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A:

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