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    Principles of Microeconomics
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    Exam 7: Consumers, Producers, and the Efficiency of Markets.
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    Table 7-4 the Numbers in Table 7-1 Reveal the Maximum Willingness to Willingness
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Table 7-4 the Numbers in Table 7-1 Reveal the Maximum Willingness to Willingness

Question 29

Question 29

Multiple Choice

Table 7-4
The numbers in Table 7-1 reveal the maximum willingness to pay for a ticket to a Chicago Cubs vs. St. Louis Cardinal's baseball game at Wrigley Field.
Table 7-4 The numbers in Table 7-1 reveal the maximum willingness to pay for a ticket to a Chicago Cubs vs. St. Louis Cardinal's baseball game at Wrigley Field.    -Refer to Table 7-4.If you have a ticket that you sell to the group in an auction,what will be the selling price? A)  $21 B)  $26 C)  $51 D)  $61
-Refer to Table 7-4.If you have a ticket that you sell to the group in an auction,what will be the selling price?


A) $21
B) $26
C) $51
D) $61

Correct Answer:

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