Essay
One of Jessuina's New Year's resolutions was to exercise more, so she bought an annual membership to the local gym that allows unlimited visits with no additional cost per visit.Unfortunately, the gym is so crowded and noisy that Jessuina leaves every day with a headache.According to marginal analysis, Jessuina should:
A.continue using the gym for the year since she has already paid for the membership.
B.join another gym only if a membership is cheaper at the new gym.
C.join another gym only if she can get a refund on her current membership.
D.stop using the gym.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: If marginal costs remain constant,the marginal cost
Q26: If a decision maker chooses an option
Q31: Scenario: Betty's Cookie Shop<br>Betty runs a cookie
Q34: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1063/.jpg" alt=" (Table:
Q35: Because resources are scarce,the true cost of
Q38: Figure: The Optimal Quantity<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1063/.jpg" alt="Figure:
Q40: Whenever marginal benefit is greater than marginal
Q103: Which of the following is a systematic
Q143: Economic profits can be negative,even if accounting
Q183: The tendency to avoid making a decision