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Business, 02.08.2019 22:20 kodak0531

Hank’s honkytonk is a local bar and nightspot. on weekends, it requires a $5 cover charge to defray the costs of the live musical acts hank brings in. this has worked wonderfully, as it generates capacity crowds and a long line of people waiting to enter. however, after the cost of the acts, he still loses money on the weekends. what is his marginal revenue and marginal cost of a patron on weekends and how should he attempt to fix his unprofitability problem?

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