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Real-Life Activities

Real-Life Decision Making

You are a city administrator. You and city council face a difficult decision about what to do with your three golf courses.

The courses lost nearly $500,000 for the city golf fund between July 1 last year and June 30 this year. A figure of 60,000 rounds was recorded during that summer. Should the city sell the golf courses to a national company or keep the golf courses and suffer a loss?

The golfers face higher prices if the city sells the courses. Prices would jump by $3 on weekdays and by $5 on weekends.

What do you do?