Why do gyms encourage people to take out monthly or even annual membership rather than paying per

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Why do gyms encourage people to take out monthly or even annual membership rather than paying per visit?

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Economics

ISBN: 978-1292187853

10th edition

Authors: John Sloman, Jon Guest, Dean Garratt

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Question Posted: Apr 03, 2019 07:39 AM

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Why do gyms encourage people to take out monthly or even annual membership rather than paying per

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Because some people have present bias time preferences they overesti...View the full answer

Economics

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