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Sam's Kickboxing Gym Gives Current Members a Credit for One

question 13

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Sam's kickboxing gym gives current members a credit for one month's membership fees for every two new members they refer to the gym. To date, Sam has earned three months of credit on his athletic club fees. The gym then discontinues the membership credit program, and Sam's referrals quickly decline to zero. This change in Sam's behavior is most likely due to


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Pleasant Surroundings

Environments or settings that are enjoyable and contribute to a positive experience.

Market Economy

An economic system where supply and demand determine the prices of goods and services, with minimal government intervention.

Provision

The act of supplying or making available goods, services, or resources to meet a need or demand.

Labor Union

An organization formed by workers in the same trade or industry to negotiate collectively with their employers over wages, hours, benefits, and working conditions.

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