question archive Discussion Board Read and consider the “Willingness to Pay” example in Section 7-1 (Chapter 7 Section 1)
Discussion Board Read and consider the “Willingness to Pay” example in Section 7-1 (Chapter 7 Section 1)
Subject:EconomicsPrice: Bought3
Discussion Board
Read and consider the “Willingness to Pay” example in Section 7-1 (Chapter 7 Section 1).
Now find and evaluate the willingness to pay, consumer surplus, demand, producer surplus, cost and willingness to sell of your own example. (products to consider: online ticket sales to sporting events, Vegas shows, eBay products, etc).
