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16 May 2018

4. [3 Marks] You paid $100 for tickets to see 5 Raptors games. You went to game 1, but missed game 2. If you can sell each remaining ticket for $15, what are your current sunk costs? A. $100. B. $60. C. $55. D. $45. E. $30. q Jemima Eunice 1 $100 $60 2 $85 $50 $35 $55 $25 $40 $15 $25 $70 Table 2: Marginal willingness to pay for running shoes for two marathon champions.

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Collen Von
Collen VonLv2
16 May 2018

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