What greens fee should the operator set on weekday

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Reference no: EM1312117

Q1. The price of firewood has remained steady across the United States even though the supply of firewood has been diminished by environmental restrictions on cutting. At the same time, current reports have elucidated how that the sale of gas fireplaces is far outpacing the sale of wood-burning fireplaces. Use supply also demand analysis to elucidate how why firewood prices are not rising. Talk about possible long-term reactions from firewood suppliers.

Q2. Daily demands during the week: PD=36-QD/10
QD=18 HOLE ROUNDS ALSO PD IS THE PRICE EVERY ROUND
Daily demand on the weekend: PW=50-QW/12
Capacity is 240 rounds every day.

Is the operator profit by charging different prices during the week also on the weekend? Illustrate what greens fee should the operator set on weekday? Also Elucidate how many rounds will be played n the weekends.

Reference no: EM1312117

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