Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 3 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 04 Nov 2017 My Price 5.00

Locust Hill Golf Club

3–13. The guide at the Washington Monument tells your 10-year-old nephew, “Enjoy the monument. As a citizen, you are one of its owners.” Your nephew asks you if that is true. What do you say?

3–14. Locust Hill Golf Club is a private country club. It charges an initiation fee of $23,000. When members quit the club, they receive no refund on their initiation fees. They simply lose their membership. Salt Lake Country Club is also a private golf course. At this club, members join by buying a membership certificate from a member who is leaving the club. The price of the membership is determined by supply and demand. Suppose that both clubs are considering installing a watering system. In each case, the watering system is expected to enhance the quality of the golf course significantly. To finance these systems, members would pay a spe- cial assessment of $2,000 per year for the next three years. The proposals will be voted on by the memberships. Do you think that the membership is more likely to vote in favor of the pro- posal at Locust Hill or for the one at Salt Lake Country Club? Explain.

 

Answers

(5)
Status NEW Posted 04 Nov 2017 11:11 PM My Price 5.00

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