Suggest a pricing strategy that will increase your salary

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The owner of a new health spa estimates the avg customer's monthly demand for visiting the spa as Q-50-.25P. The cost of operating is C(Q)=3Q, where Q is the # of visits. The owner has been charging a $20/month membership fee and a $5 per-visit fee. Part of your salary is 10 percent of monthly profits. Suggest a pricing strategy that will increase your salary. Think I have it, but would like to see if so...

Reference no: EM131075207

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