A golf course operator must decide what prices to set on rounds of golf. Daily demand during the week is Pd=36-Qd/10, where Qd is the number of 18 hole rounds of golf and Pd is the price per round. Daily demand on the weekend is Pw=50-Qw/12. The golf course has a capacity of 240 rounds per day. Wear and tear is negligible. A. Can the operator profit by charging different prices during the week and on the weekend? Explain. What prices should the operator set on weekdays and how many rounds will be played? What are the prices and number of rounds on the weekend?B. <Have answer to this part already>
A golf course operator must decide what prices to set on rounds of golf. Daily demand during the week is Pd=36Qd/10, where Qd is the number of 18 hole rounds of golf and Pd is the price per…
