You are so creative with explaining economics! We definitely like to pay for value, in this case- many people have different workout preferences. Wouldn't it be great if working out didn't have such a bad stigma, and people recognized the value of their health? :) oh, psychology! Putting effort and $ into something to get something in return isn't that bad :)
RE: Economics is Everywhere #4 - Working Out
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Economics is Everywhere #4 - Working Out
Investment of money and effort to receive a return (in this case better health) is a fundamental of economics. I am glad you enjoyed my post.
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