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In cities with booming tourism industries, businesses often offer discounts to locals. For example, residents of Las Vegas, Nevada receive discounts for various shows and
In cities with booming tourism industries, businesses often offer discounts to locals. For example, residents of Las Vegas, Nevada receive discounts for various shows and amusement park rides. The rationale for these offerings is as follows. Although Las Vegas residents generally have a pay for nearby attractions than tourists have, the marginal benefit of such attractions for many residents the marginal cost. Businesses therefore make more money by
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