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FlyExclusive is a company that offers memberships for access to chartered private jets. They are trying todecide the optimal price for their membership fee and
FlyExclusive is a company that offers memberships for access to chartered private jets. They are trying todecide the optimal price for their membership fee and are considering using a two-part tariff. They Estimate consumer demand to be: Q = 200 - 0.1P (or P = 2000 - 10Q), where Q is the number of charter jet flights per year and P is the price per flight. If the marginal cost of serving each customer is $100 perflight, what is the optimal two-part tariff that FlyExclusive should charge?
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