=+9. The accompanying table shows six consumers willingness to pay (his or her individual marginal benefit) to

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=+9. The accompanying table shows six consumers’ willingness to pay (his or her individual marginal benefit) to download a Jay-Z album. The marginal cost of making the file accessible to one additional consumer is constant, at zero.

Individual marginal Consumer benefit Adriana $2 Bhagesh 15 Chizuko 1 Denzel 10 Emma 5 Frank

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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