7. [2 points] Suppose a town has just one gym that acts as a monopolist. All potential gym customers are identical, and their monthly demand
7. [2 points] Suppose a town has just one gym that acts as a monopolist. All potential gym customers are identical, and their monthly demand for gym visits as p = 40 3q where p is price per visit and q is number of visits per month. The gym has a constant marginal cost of $4 per visit. Find the optimal two-part tariff to charge each customer. Price per visit 4 Monthly Membership Fee 216
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