Determine the best price to charge for locker rentals

Reference no: EM13238464

As manager of Citywide Racquet Club, you must determine the best price to charge for locker rentals. Assume that the (marginal) cost of providing lockers is 0. The monthly demand for lockers is estimated to be Q = 100 - 2P where P is the monthly rental price and Q is the number of lockers rented per month. What price would you charge? How many lockers are rented monthly at this price?

Reference no: EM13238464

Questions Cloud

Define the hypothetico-deduction method of investigation : Companies are interested in acquiring other firms even when the latter operate in totally unrelated realms of business. For instancce, Highways Industries manufacturing asphalt materials for road construction, acquired VIP Transport Ltd

Explain how can consumers become better educated : Should the Government increase, decrease or remain the same in its level of intervention when it comes to mandating that companies provide product information to consumers What happened to "caveat emptor" (buyer beware)

Explain important to remove mercury and sulfur compounds : To reduce pollution when coal is burned, it is important to remove mercury and sulfur compounds from the effluent. Identify which, ifany, ofthe following redox reactions are spontaneous under standard conditions and therefore might be used for thi..

Compute the molarity of ammonium bromide solution : Calculate the molarity of ammonium bromide solution. Use the molarity of the solution to find the mass of ammonium bromide in 1.00 L of this solution.

Determine the best price to charge for locker rentals : As manager of Citywide Racquet Club, you must determine the best price to charge for locker rentals. Assume that the (marginal) cost of providing lockers is 0. The monthly demand for lockers is estimated to be Q = 100 - 2P

Define negative result when treated with the tollens reagent : Compound B gave a positive 2,4-dinitrophenylhydrazine test, but a negative result when treated with the Tollens reagent. However, B did give a positive iodoform test. The 1H NMR spectrum for Compound A showed the following

Compute the mass of cuso4 in the new hydrate : The recovered CuSO4•5H2O was then heated for 20 minutes at 120°C. The mass of the new hydrate was 2.17g. (The molar mass of H2O = 18.015 g/mol, and the molar mass of CuSO4= 159.61g/mol) Calculate the mass of CuSO4 in the new hydrate (CuSO4•XH2O).

Compute the ph and poh of a solution : Calculate the pH and pOH of a solution prepared by adding 10.0 mL of a 14.8 M KOH solution to 200 mL of water, then adding water until the volume of the solution is exactly 250 mL.

Compute the concentration of silver necessary to begin : Calculate the concentration of silver necessary to begin precipitation of AgCl from a solution in which the Cl concentration is 7.4e-4 M.

User Account

All Pages