A new health club is trying to figure out a good pricing strategy. The manager wants to develop a two-part pricing for each aerobic class member signing up. The demand for the health club is P = 45 – 0.025Q and the health club's cost function is TC =30Q. What is the optimal membership free _and the per unit cost per aerobic class and what is the maximum usage?.lustrate clearly!

A new health club is trying to figure out a good pricing strategy. The manager wants to develop a two-part pricing for each aerobic class member signing up. The demand for the health club is P = 45 – 0.025Q and the health club's cost function is TC =30Q. What is the optimal membership free _and the per unit cost per aerobic class and what is the maximum usage?.lustrate clearly!

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Description: A new health club is trying to figure out a good pricing strategy. The manager wants to develop a two-part pricingfor each aerobic class member signing up. The demand for the health club is P = 45 – 0.025Q and the health club'scost function is TC=30

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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