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Suppose Hans is planning to join a fitness club. Membership in the club will allow Hans to exercise for half price. Normally the exercise cost
Suppose Hans is planning to join a fitness club. Membership in the club will allow Hans to exercise for half price. Normally the exercise cost is $20. If Hans has an income of $200, the club membership fee is $50 (assume that we plot the number of exercises on the horizontal axis and a "composite good" which has a price of $1 on the vertical axis) What is the slop of Hans's budget line afterjoining the club? .::" I} -20 if} '10 if i} -5 .5\"). -2.5 \\i '1 / f l. \\
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