Ask a New Question
Search
Questions and answers by
HisMajestyDavid
Answers (1)
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