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2. Simple Pricing versus Two-Part Tori]?r In Oak Harbor, the demand for yoga classes from the typical consumer has been estimated as Qd(p) = 8
2. Simple Pricing versus Two-Part Tori]?r In Oak Harbor, the demand for yoga classes from the typical consumer has been estimated as Qd(p) = 8 (1/3)p, where Q is the number of yoga classes per month and p is the price of a class. The only yoga club in town is Kara's. Her cost of operating the yoga club is a fixed $2,400 per month, independently of how many people attend her classes. a) Find Kara's optimal price per yoga class if she were to charge no club membership fee. b) Find Kara's optimal pricing strategy if she can choose to charge a price per yoga class, a monthly club membership fee (entitling the member to unlimited classes), or some combination of both. Explain
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