Question: QUESTION 1 Identify the WTP (willingness to pay) for the following customer. Consumer A: I bought this product for $300, but I would have paid

QUESTION 1 Identify the WTP (willingness to pay) for the following customer. Consumer A: "I bought this product for $300, but I would have paid $450." QUESTION 2 Identify the WTP (willingness to pay) for the following customer. Consumer A: "I had decided that I would not have bought the product unless the price were $200 or less. I bought it yesterday for $75

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