Economics
posted by <3 .
Slim city is a town resided by slim people, with no health club in town. LA Fatness has estimated that the annual demand for their Fatness Club in this town to be Q = 160  P. Every Club member has a marginal cost of $40, and the annual fixed cost of the business is $500 (assume a linear cost function).
LA Fatness starts the first Fatness Club in town. What is the optimum price & membership quantity?
Respond to this Question
Similar Questions

English
What club are you in? I am in the broadcasting club. the dance club teh music club the billiards club the speech club the balloon art club the crossstitch clbu the archery club the Westernstyle archery the reading club ...... Could 
English
the RCY 1 club the RCY 2 club the RcY 3 club the yc gag club the science invention club the pop music yp club the reading essay the mountain climbing club the robot manufacture club the cartoon drawing club the badminton 1 club the … 
Math
At the first tricity meeting, there are 8 people from town A, 7 people from town B, and 5 people from town C. If a council consisting of 5 people is randomly selected, find the probability that 3 are from town A and 2 are from town … 
math help
At the first tricity meeting, there are 8 people from town A, 7 people from town B, and 5 people from town C. If a council consisting of 5 people is randomly selected, find the probability that 3 are from town A and 2 are from town … 
Math
At the first tricity meeting, there are 8 people from town A, 7 people from town B, and 5 people from town C. If a council consisting of 5 people is randomly selected, find the probability that 3 are from town A and 2 are from town … 
math
At the first tricity meeting there are 8 people from town A, 7 people from town b and 5 people from town c. If a council consisting of 5 people is randomly selected, find the probability that 3 are from town A and 2 from town b. I … 
algebra
At the first tricity meeting, there are 8 people from town A, 7 people from town B, and 5 people from town C. If a council consisting of 5 people is randomly selected, find the probability that 3 are from town A and 2 are from town … 
math
One day we decided to drive from Town A to Town D. In order to get there we had to drive through Town B and then Town C. It is 10 miles farther from Town A to Town B than it is from Town B to C. IT is 10 miles farther from Town B to … 
geometry
On a map, Town A is 8 km due south of Town B, Town C is 9 km from Town A, and Town C is 3 km from Town B (see figure below). Find the bearing from Town A to Town C and the bearing from Town B to Town C. 
Math
One day we decided to dive from town A to town B. In order to get there we had to drive through town B and then town C. it is 10 miles farther from town A to town B then it is to town B to C. It is 10 miles farther from town B to town …