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Consider a tennis club that has annual membership fee in addition to the hourly court fee. Suppose the court rents the courts for $25 per

Consider a tennis club that has annual membership fee in addition to the hourly court fee. Suppose the court rents the courts for $25 per hour. Consider a tennis lover with individual demand curve for court time given by P = 50 -1/4Q. Compute the maximum annual membership fee that the club could charge to this person.

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