Which of the Following Economically Explains Why Consumers Are Willing

Multiple Choice

Which of the following economically explains why consumers are willing to pay less for a consultation than for a surgery?

A) Consumers receive more value from a consultation than a surgery.
B) Consumers receive less value from a consultation than a surgery.
C) Consumers are unable to determine the value from either service.
D) Consumers are unaware of the prices being charged for each of these services.