In Jun 2021, in an attempt to stay healthy and get fit, I signed up for a year membership contract at a local gym, for which I am agreeing to pay RM300 per month. I also spent RM300 on stylish gym clothes to feel comfortable. This morning, I was trying to decide whether or not to actually go to the gym. Which of the following was relevant to my decision? O a. The fact that I also had to sit for an online economics midterm exam this morning. O b. The RM300 that I paid the gym this month. c. The RM300 I spent on gym clothes. O d. All answers were relevant.
In Jun 2021, in an attempt to stay healthy and get fit, I signed up for a year membership contract at a local gym, for which I am agreeing to pay RM300 per month. I also spent RM300 on stylish gym clothes to feel comfortable. This morning, I was trying to decide whether or not to actually go to the gym. Which of the following was relevant to my decision? O a. The fact that I also had to sit for an online economics midterm exam this morning. O b. The RM300 that I paid the gym this month. c. The RM300 I spent on gym clothes. O d. All answers were relevant.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![In Jun 2021, in an attempt to stay healthy and get fit, I signed up for a year membership contract at a local gym,
for which I am agreeing to pay RM300 per month. I also spent RM300 on stylish gym clothes to feel comfortable.
This morning, I was trying to decide whether or not to actually go to the gym. Which of the following was
relevant to my decision?
O a. The fact that I also had to sit for an online economics midterm exam this morning.
O b. The RM300 that I paid the gym this month.
O c.
The RM300 I spent on gym clothes.
O d. All answers were relevant.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F151a4749-18a2-47b0-95db-518cdf3bf529%2Fdad1b0f3-5403-4656-a0cd-7b5829e315e8%2Flkunppv_processed.png&w=3840&q=75)
Transcribed Image Text:In Jun 2021, in an attempt to stay healthy and get fit, I signed up for a year membership contract at a local gym,
for which I am agreeing to pay RM300 per month. I also spent RM300 on stylish gym clothes to feel comfortable.
This morning, I was trying to decide whether or not to actually go to the gym. Which of the following was
relevant to my decision?
O a. The fact that I also had to sit for an online economics midterm exam this morning.
O b. The RM300 that I paid the gym this month.
O c.
The RM300 I spent on gym clothes.
O d. All answers were relevant.
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