Why people would pay to attend weight-loss camps

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Reference no: EM132332368

Question: Respond to the following in a minimum of 275 words:

• Explain why monopoly sellers usually offer discount prices to buyers who are willing to mail in a rebate coupon or endure some other type of inconvenience.

• Discuss why traditional economic models find it difficult to explain why people would pay to attend weight-loss camps that restrict their daily calorie intake.

Reference no: EM132332368

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