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December 18, 2014

December 18, 2014

Posted by **Maj** on Thursday, January 10, 2008 at 6:23pm.

- economics -
**economyst**, Friday, January 11, 2008 at 9:30amGood question. Think it through, then take a shot. Hint: Person A obviously values the concert itself at $5 or more (he voluntary traded a $5 bill for a ticket). How much does person B value his ticket?? And, can you say anything about each person's aversion (or additional costs) to traveling in a snowstorm?

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