• What concept best explains why you wouldn’t want Patrick would have been willing to pay $2.50 for to make your own clothes completely from scratch the pen, and Jill would have been willing to sell and instead will normally prefer to buy them from the pen for $1.25. aretailer?

b. Hillary found a car on Craigslist for which she would have been willing to pay up to $10,000. 1.

a. Because your tickets are worth more than you paid for them, you have a direct positive incentive to resell them.

b. The "sales tax holiday" is a direct positive in- centive to buy more clothes during the back-to- school period. An unintended consequence of this policy is that fewer purchases are likely to be made both before and after the tax holiday.