Table 7-4 the Numbers in Table 7-1 Reveal the Maximum Willingness to Willingness

question 407

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.
-Refer to Table 7-4. If you have two (essentially) identical tickets that you sell to the group in an auction, what will be the selling price for each ticket?

• A)$21
• B)$26
• C)$51
• D)$61