Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.
From practice question below:
B yoga studio if the only cafe in the campus. Being a monopoly, the owner wants to serve only students or professors
where Qs and Qp are the number of visits to the gym per semester. P denotes the highest fee a customer is willing to pay per visit.
B yoga studio has enough capacity to serve all customers. The fix costs are sunk. Marginal cost per visit is constant $2 and B cafe is a profit maximizer
B yoga has been separately charging students and professors until recently. However, recently, professors were caught using fake student ID to save money. o B Yoga decided to charge the same membership fee of $50 and per visit fee of $2 regardless of their types
Can you please share how to calculate profits B Yoga earn per semester? How to draw numerical and graphical illustration
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