Imagine that by using provision points with money back guarantees and rebates, each individual instead reveals 95% of their true WTP for each quantity. New New New True True Revealed True Revealed...

Imagine that by using provision points with money back guarantees<br>and rebates, each individual instead reveals 95% of their true WTP<br>for each quantity.<br>New<br>New<br>New<br>True<br>True<br>Revealed<br>True<br>Revealed<br>Person<br>Revealed<br>MB(q=1)<br>MB(q=2)<br>MB(q=3)<br>MB(q=1)<br>MB(q=2)<br>MB(q=3)<br>A<br>$100<br>$50<br>$25<br>$80<br>$40<br>$20<br>Social<br>MC(q=1) MC(q=1) |MC(q=2) MC(q=2) |MC(q=3) MC(q=3)<br>$40<br>$40<br>$40<br>$40<br>$40<br>$40<br>Pass/Fail<br>Based on the new revealed marginal benefits, what is the highest<br>quantity that will pass?<br>q=0<br>q=3<br>q=2<br>O q=1<br>

Extracted text: Imagine that by using provision points with money back guarantees and rebates, each individual instead reveals 95% of their true WTP for each quantity. New New New True True Revealed True Revealed Person Revealed MB(q=1) MB(q=2) MB(q=3) MB(q=1) MB(q=2) MB(q=3) A $100 $50 $25 $80 $40 $20 Social MC(q=1) MC(q=1) |MC(q=2) MC(q=2) |MC(q=3) MC(q=3) $40 $40 $40 $40 $40 $40 Pass/Fail Based on the new revealed marginal benefits, what is the highest quantity that will pass? q=0 q=3 q=2 O q=1

Jun 11, 2022

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Imagine that by using provision points with money back guarantees and rebates, each individual instead reveals 95% of their true WTP for each quantity. New New New True True Revealed True Revealed...

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