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Suppose you build a new park in town. You are able to identifyevery persons individual WTP to enter the park. You charge avariable ticket fee,
Suppose you build a new park in town. You are able to identifyevery person’s individual WTP to enter the park. You charge avariable ticket fee, based on each person’s WTP. Consumer surplusin this example will be:
Question options:
1. undetermined
2. infinite
3. 0
4. depends on the number of tickets sold and the cost of thepark
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