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A club has an annual subscription fee of Rs. 1 lakh for its members. However, the club had many facilities and the individual members could
A club has an annual subscription fee of Rs. 1 lakh for its members. However, the club had many facilities and the individual members could use them by paying a separate price which was significantly lower than the market price for the same facility. For example, a member could use the swimming pool by paying Rs. 500 per month which was about one-fourth the market price.
What type of pricing scheme is this?
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