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question 52

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Answer Questions based on the following situation:
Black Diamond Tennis & Golf Club offers golf and tennis memberships to the residents of Black Diamond, Ohio, in which there are two types of families: golf-oriented families and tennis-oriented families. There are 100 golf-oriented families and 100 tennis-oriented families in Black Diamond. Forecasted demand prices for golf and tennis memberships by family type are given below. There is no way to identify family types for pricing purposes, and all costs are fixed so that maximizing total revenue is equivalent to maximizing profit.
Demand Prices for Golf and Tennis Memberships
 Typeaf family  Tennis  membership anly  Galf membership  anly  Tennis-ariented $150$50 Galf-ariented $75$200\begin{array} { | l | l | l | } \hline \text { Typeaf family } & \begin{array} { l } \text { Tennis } \\\text { membership anly }\end{array} & \begin{array} { l } \text { Galf membership } \\\text { anly }\end{array} \\\hline \text { Tennis-ariented } & \$ 150 & \$ 50 \\\hline \text { Galf-ariented } & \$ 75 & \$ 200 \\\hline\end{array}
-How much revenue will bundle price in the previous question produce for Black Diamond Tennis & Golf Club?


Definitions:

Consequences

The outcomes or effects that follow from an action or decision.

Success Aspirations

The desire or ambition to achieve success, often characterized by setting and striving for personal or professional goals.

Deviant Values

Beliefs and attitudes that differ significantly from the societal norm, often leading to behavior considered unacceptable or abnormal.

Anomie-Strain Theory

A sociological theory suggesting that societal structures may pressure citizens to commit crimes by the strain or stress of achieving socially accepted goals via socially accepted means.

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