A Local Country Club Has a Membership of 600 and Operates

question 219

Essay

A local country club has a membership of 600 and operates facilities that include an 18-hole championship golf course and 12 tennis courts. Before deciding whether to accept new members, the club president would like to know how many members regularly use each facility. A survey of the membership indicates that 60% regularly use the golf course, 44% regularly use the tennis courts, and 8% use both of these facilities regularly. Find the
probability that a randomly selected member uses the golf or tennis facilities regularly.

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Definitions:

Supply Fixed

A situation where the availability of a good or service is limited and cannot be easily adjusted.

Unique Product

A product that is different from anything else on the market, either because of its brand, design, or functionality, giving it a competitive advantage.

Price

The financial requirement for obtaining a service or good.

Supply Shifts

Movements of the supply curve to the left or right, indicating a change in the quantity supplied at a given price, caused by factors other than the price of the good itself.