On what does consumer’s willingness to pay depends?

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asked May 14, 2021 177k views

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Pescolino · Answer 1 · 2021-05-18T10:57:55+0000

Answer:

A consumer's willingness to pay depends on the: expected additional benefit of consuming a given good or service. A consumer's willingness to pay reflects the: maximum price at which he or she would buy a given good or service.

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On what does consumer’s willingness to pay depends?

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