Re: Daily question

Posted by deepti on Mar 04, 2009; 5:52am
URL: http://discussion-forum.276.s1.nabble.com/Daily-question-tp2328964p2420539.html

2)price of classical music concert is 0 and his max wiilingness to pay is 300 thus his consumer surlus is 300..

price of film music and dance show is 200  and maximum willingness to pay is x thus his surlus is x-200..

now if x>500 then he will go to film music and dance show

if x<500 then he will go to classical music concert....

if x=500 then he can choose either of the two...