All of the following answers are either CV or EV. A company wants to move it's headquarters from St Louis to NYC, which has higher prices. The company will increase workers salaries to make them as well off in NYC as they were in St Louis, The increase in salaries equals | The last grocery store in an area is contemplating closing down, which would make the area a food desert (losing local access to groceries - think of it as an increase in the price of groceries). An economist who wants to quantify the benefits of having a grocery store in the neighborhood asks people "What is the most you would pay to keep this grocery store?" The economist is asking about In a famous legal case, a doctor performed surgery on a deformed hand. The patient's hand was made worse by the surgery, If the court wanted the patient to be as happy as they were before the surgery, they would assign damages equal to the