Tommy Tee inherited several acres of rolling grass fields and hills and decides to make the first golf course in downtown Tee-town. He faces a demand curve: Qd=15000-100P (corresponding to the summation of demand for 100 golfers). His marginal cost is Q/50 where Q represents number of golf games in a year.

a. As a profit maximizing monopolist, what price does Tommy charge for a golf game?

b. What is the deadweight loss?

c. A friend tells Tommy that he can make a lot more money by charging a yearly fee to each of his 100 customers to join the club and then a per unit price for a game. If Tommy acts as a perfectly discriminating monopolist and each of the 100 golfers has the same demand, what is the fee Tommy will charge? What is the price per golf game? What is the new deadweight loss?