(Table: Willingness to Pay) Refer to the Table

question 57

Multiple Choice

(Table: Willingness to Pay) Refer to the table. What is Mary'smaximum willingness to pay for the bundled goods?

• A)$70
• B)$30
• C)$120
• D)$105

---

Definitions:

Crowds

Large groups of people gathered together, usually without formal structure, often for a common purpose or event.

Cliques

Social groups, usually within larger groups, characterized by tight-knit and often exclusionary relationships among members who share common interests or backgrounds.

Peers

Individuals who are at a similar age or level of development, often influencing one's social and psychological growth.

Psychological Closeness

The feeling of emotional intimacy and connection between individuals.