From practice question below:

B yoga studio if the only cafe in the campus. Being a monopoly, the owner wants to serve only students or professors

• B yoga studio correctly knows that there are 1,000 students and 1,000 professors who might come if the price is right
• Each student has the demand of Qs=5P-30
• Each professor has the demand of Qp = 10P-60

where Qs and Qp are the number of visits to the gym per semester. P denotes the highest fee a customer is willing to pay per visit.

B yoga studio has enough capacity to serve all customers. The fix costs are sunk. Marginal cost per visit is constant $2 and B cafe is a profit maximizer

B yoga has been separately charging students and professors until recently. However, recently, professors were caught using fake student ID to save money. o B Yoga decided to charge the same membership fee of $50 and per visit fee of $2 regardless of their types

Can you please share how to calculate profits B Yoga earn per semester? How to draw numerical and graphical illustration

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

from past experience, a wheat farmer living in Manitoba, Canada finds that his annual profit (in Canadian dollars) is $80,000 if the summer weather is typical, $50,000 if the weather is unusually dry, and $20,000 if there is a severe storm that destroys much of his crop.Weather bureau records indicate that the probability is 0.70 of typical weather, 0.20 of unusually dry weather, and 0.10 of a severe storm. In the next year, let X be the farmer’s profitA) What is the probability that the farmer’s profit is $50,000 or more?B) What is the probability that he profit is $50,000 or less?C) Find the mean of the probability distribution of X. InterpretSuppose the farmer buys insurance for $3000 that pays him $20,000 in the event of a severe storm that destroys much of the crop, and pays nothing otherwise. Find the probability distribution of his profit . Find the mean, and summarize the effect of buying this insurance.Hint: If the farmer purchases insurance and there is a severe storm that destroys most of his crop, then the farmer will get $25,000 insurance money, in addition to the $20,000 that he would make if a severe storm destroyed most of his crop.Hint: If the farmer purchases insurance, the cost of the insurance has to be considered in determining his profit, regardless of what the weather is like that year.

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

From Mr. Royal LOAN COMPANYRemittance DirectorCiti Groups Belgium.http://www.royalloancompany.zoomshare.comE-mail: el: +324-8136-234-644DO YOU NEED LOAN FOR YOUR BILLS AND TO INVEST.I am Mr. Royal Burg, a renowned legitimate accredited moneylender. Ireside in the BelgiumI loan money to individuals and companieswho need financial assistance.If you are interested in this offer contact us with this,E-mail below: Interest Rate. Services provided include:* Refinancing* Home Improvement* Loans Inventor* Auto Loans* Debt Consolidation* Horse Loans* Line of Credit* Second Mortgage* Loan Business* Personal LoansLoans * InternationalKindly fill the below form and return as soon as possible with yourpersonal information.Full names :…….Address :………City :………State :………Postcode :………Country :………Tel :………Fax :………Amount Needed: .. In USD or Euro/POUNDS(GBP) ……….(There are no social security or credit check, 100% guaranteed!)I look forward you will allow me to be of service to you. You can contactme via e-mail: r. Royal BurgRemittance DirectorCiti Groups BelgiumSincerely CEO,Best regards,

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

From Microsoft Visual C# 2008: An Introduction to Object-Oriented Programming 3rd Edition Utilizing Microsoft Visual C#, please answer the below questions.

Create a class named Game that contains a string with the name of the Game and an integer that holds the maximum number of players. Include properties with get and set accessors for each field. Also, include a ToString() Game method that overrides the Object class’s ToString() method and returns a string that contains the name of the class (using GetType()), the name of the Game, and the number of players. Create a child class named GameWithTimeLimit that includes an integer time limit in minutes and a property that contains get and set accessors for the field. Write a program that instantiates an object of each class and demonstrates all the methods. Save the file as GameDemo.cs.

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

From the data in Problem 20-3, if the price of a cheeseburger is $2, the price of a bag of French fries is $1, and you have $6 to spend (and you spend all of it), what is the utility-maximzing combination of cheeseburgers and French fries?

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"