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With country clubs, the type of membership that enables members to use all the facilities all the time is a
Opportunity Cost
The cost of foregone alternatives; the value of the best alternative that is not chosen.
Leisure
Free time when individuals are not working, which can be used for rest, recreation, or personal activities.
Opportunity Cost
The worth of the best option that was given up to make a choice.
Leisure
Free time when one is not working or occupied; time available for ease, relaxation, and activities one enjoys.
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