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Suppose Arnie is charged $60 per round of golf at his favorite course. If his consumer surplus from this activity is $2500 per year, then
Suppose Arnie is charged $60 per round of golf at his favorite course. If his consumer surplus from this activity is $2500 per year, then the club may choose, if it uses two-part pricing, to charge Arnie a membership fee no higher than $
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