Social Studies, 27.03.2020 20:29 tchou8306
Continuing with the gym problem: Now consider instead charging a single membership fee for unlimited use, allowing members to visit as many times as they wish with ZERO additional per-visit charge. You realize that this will also reduce your cost, because you will no longer need to deal with processing payments for each visit. You calculate that removing the per-visit charge will reduce your variable cost per visit from $2 to $1.50.
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