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Tony currently goes to the dentist twice a year at $150 per visit. His employer subsidizes Tony's purchases by paying half the cost of each
Tony currently goes to the dentist twice a year at $150 per visit. His employer subsidizes Tony's purchases by paying half the cost of each dental visits in excess of one visit per year (no subsidy is granted on the first visit.) How does this affect Tony's budget line and his purchases of dental services?
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