Question

Suppose you build a new park in town. You are able to identify every person’s individual...

Suppose you build a new park in town. You are able to identify every person’s individual WTP to enter the park. You charge a variable ticket fee, based on each person’s WTP. Consumer surplus in this example will be:

Question options:

1. undetermined

2. infinite

3. 0

4. depends on the number of tickets sold and the cost of the park

0 0
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