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Your neighbor plays loud music late at night and the music disturbs you. Your neighbor gets $600 in satisfaction by playing the music and the
Your neighbor plays loud music late at night and the music disturbs you. Your neighbor gets $600 in satisfaction by playing the music and the value to you of your neighbor not paying the music is $850. Would you be willing to pay your neighbor a specific amount not to play the music that your neighbor would accept and agree to not play the music, and if yes, what might that amount be? Please explain.
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