In the preceding problem, suppose that the club can employ a two- part pricing scheme but must

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In the preceding problem, suppose that the club can employ a two- part pricing scheme but must charge all members the same annual membership (entry) fee. What entry fee and per- round price should the club charge?
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Microeconomics Theory and Applications

ISBN: 978-1118758878

12th edition

Authors: Edgar K. Browning, Mark A. Zupan

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