It was a wet morning. Greens were super slow and lumpy (not true). Needed a mow badly. But conditions were good. Quite a lit of ground under repair and some standing water on some par 3s. But for the money, a surprisingly good round. Course itself is very forgiving...
REALLY? What are you high? Just to be clear I absolutely googled the definition(s) pricing maker / elasticity. Those particular terms / definitions appear in most if not all managerial economics text books from middle school through PHd.
I don’t think I ever insinuated I invented the concepts. I thought it was extremely clear that I used the applicable definitions to answer the question: “if we have too many courses why are the prices so high?”
MY original thought was that those terms help answer and add credibility to MY thesis….we pay more for public golf because the market is dominated by near 2 near monopoly.