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Trying to figure out this:
Company B&B operates 30 days in a month with
675 customers per day for premium members only at $1,850 per customer. 8,000 customers per day normal membership only at $380 per customer. 1 500 customers per day for booking customers only at $290 per customer. Variable cost per customer was calculated as $125 and fixed cost at a total of $65,000,000. I calculated using the P = a-bx and MR = a-2bx for premium members only which was required , which was 1850= a-2b, is that right?This is not a BA1 question as far as I can tell so you would need to repost on an appropriate forum
However, from the data you supply I don’t think the relationship between price and volume can be determined as we have no idea how changing the price for premium customers would change demand.
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