Multiple Choice
Suppose that most people who plan to work out at a gym are overly optimistic about how many times they will use the gym in the upcoming year. A rational gym owner might respond by selling:
A) weekly memberships at inflated prices.
B) annual or multiyear memberships.
C) daily memberships at discounted prices.
D) a monthly plan at $100 and a yearly plan at $1,500.
Correct Answer:
Verified
Correct Answer:
Verified
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