30 24 AL 7 Marginal Willingness to Pay 24 Using the above

Last updated: 6/25/2023

30 24 AL 7 Marginal Willingness to Pay 24 Using the above information and graph complete the below statements filling in your final complete answer in the space provided to the right of the statement Do not show your work or calculations A BI a The marginal willingness to pay of the 5th unit of this product is equal to b The total willingness to pay for 5 units of this product is equal to c The value of 5 units of this product is equal to MWTP d If P MWTP of the 5th unit total expenditure this product is TH 54