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Many weight-loss programs advertise that they can help individuals lose a great deal of weight without any changes in the individual's lifestyle. Typically when a person who has lost the weight leaves the program, he or she regains the weight. This phenomenon is almost as unhealthy for the body as the excess weight. Businesses operating these kinds of weight-loss programs are engaged in which type of behaviour?
Equilibrium Price
The price at which the quantity of a good demanded equals the quantity of that good supplied.
Tax Implications
The effects that taxes have on the financial outcomes of activities, including the impact on overall costs and benefits in business and personal finance.
Point Elasticity
The measure of elasticity at a specific point on a demand or supply curve, reflecting the sensitivity of quantity demanded or supplied to a change in price.
Consumer Surplus
The variance between the aggregate sum consumers can and will pay for a good or service and the sum they truly pay.
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