Suppose you want to buy your significant other tickets to see his or her favorite musical on

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Suppose you want to buy your significant other tickets to see his or her favorite musical on Broadway in New York City, but you have never purchased tickets to a Broadway musical before and don't know how much they cost. What would be a good "anchor" to use in your estimate?

a. The cost of movie tickets.

b. The cost of the soundtrack to the musical.

c. The cost of tickets to a musical performed by your local community theater group.

d. The cost of tickets to a Broadway production touring in your hometown.

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Microeconomics

ISBN: 978-1259813337

2nd edition

Authors: Dean S. Karlan, Jonathan J. Morduch

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