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You normally take the bus to school and it costs you $5 roundtrip. Let's say the bus line was eliminated and now you have to
You normally take the bus to school and it costs you $5 roundtrip. Let's say the bus line was eliminated and now you have to drive to school at a roundtrip cost of $10. Your demand for trips (Q) to school as a function of the roundtrip cost of a trip (P) is: D: Q = 60 - 2P What would you be willing to pay for the reintroduction of the bus line
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