HisMajestyDavid

This page lists questions and answers that were posted by visitors named HisMajestyDavid.

Questions

The following questions were asked by visitors named HisMajestyDavid.

Answers

The following answers were posted by visitors named HisMajestyDavid.

The optimal per-unit charge = Marginal cost when P=20-q and MC=1 equating P=MC 20-q=1 q=19 thus 19rounds of golf will be played each month. The consumer surplus received by 10 golfers=1/2*(20-1)*19=$180.5 consumer surplus received by each golfer=180.5/10=...