If the number of persons who attend the club meeting this week is X, then the number of people who will attend next week is 80 + 0.20X. What is a long-run equilibrium attendance for this club?
A) 80
B) 400
C) 160
D) 100
E) 20

Question

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The Answer of If the number of persons who attend the club meeting this week is X, then the number of people who will attend next week is 80 + 0.20X. What is a long-run equilibrium attendance for this club?
A) 80
B) 400
C) 160
D) 100
E) 20

If the Number of Persons Who Attend the Club Meeting