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Suppose Takumi's Willingness to Pay for One Snowboard Is $250

Question 129

Multiple Choice

Suppose Takumi's willingness to pay for one snowboard is $250 and his willingness to pay for a second snowboard is $400. How many snowboards would Takumi buy if the market price of snowboards is $500?


A) 0
B) 1
C) 2
D) The amount of snowboards purchased would depend on Takumi's income.

Correct Answer:

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