What is membership level that maximize total utility of club


Problem

Consider a club where the utility function (incorporating the charge) of a member is U = a + bn -cn2. Find the optimal membership of the club. What is the membership level that maximizes the total utility of the club? Contrast the two levels and explain the difference.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: What is membership level that maximize total utility of club
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