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Consumer Choice and Demand End of Chapter Problem An organization holding a charity event sold raffle tickets for 5 0 % off last week. This

Consumer Choice and Demand End of Chapter Problem
An organization holding a charity event sold raffle tickets for 50% off last week. This week, instead of discounting the ticket price, the organization offered buyers a 60% bonus: for every 10 tickets purchased, buyers gets 6 tickets free.
Raffle tickets normally sell for $10 each, and a person wishes to buy $100 in raffle tickets. Is the 60% bonus offer better than the 50% discount? Why or why not?
The 60% bonus offer is
not better than the 50% discount. Consumers would receive more tickets with the discount than the bonus. better than the 50% discount. 60% sounds like a larger promotion than 50%. not better than the 50% discount. Both offers result in the same amount of tickets. better than the 50% discount. Consumers would receive more tickets with the bonus than than the discount.
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