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The monthly demand curve for playing tennis at a particular club is given by the following equation: P Tennis Match = 9 0.20 Q Tennis
The monthly demand curve for playing tennis at a particular club is given by the following equation: PTennis Match = 9 0.20 QTennis Match. The club currently charges members $4.00 to play a match but is considering adding a membership fee. If the club continues to charge the same per play charge, the most that it will be able to charge as a membership fee is closest to:
- $62.50.
- $162.50.
- $40.00.
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