19. Many gyms offer a mixed two-part tariff pricing scheme. One can join the gym and then...

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19. Many gyms offer a mixed two-part tariff pricing scheme. One can join the gym and then have daily access at a very low cost (often, free); alternatively, one can choose not to join and pay a higher daily fee (perhaps $10 or

$15). Explain the rationale for this dual pricing scheme. What must be true of the gym’s customers’ demands?

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Microeconomics

ISBN: 9780716759751

1st Edition

Authors: Austan Goolsbee, Steven Levitt, Chad Syverson

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