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Business, 02.08.2019 18:10 peternice2956

Philadelphia swim club is planning for the coming year. investors would like to earn a 10% return on the company's $ 38 comma 000 comma 000 of assets. the company primarily incurs fixed costs to maintain the swimming pools. fixed costs are projected to be $ 12 comma 500 comma 000 for the year. about 500 comma 000 members are expected to swim each year. variable costs are about $ 10 per swimmer. philadelphia swim club is a priceminustaker and won't be able to charge more than its competitors who charge $ 42 for a membership. what profit will it earn in terms of dollars?

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