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Bill Lives on a Farm

Question 24

Multiple Choice

Bill lives on a farm.If Bill wants to buy an iPad,he would have to drive six hours to the nearest city that has an Apple Store.According to the personal value equation,which of the following statements would be true,if Bill were to buy an iPad?


A) The benefits received from purchasing the iPad would decrease.
B) The value of the iPad,as determined by Bill,would increase.
C) The price of the iPad would increase.
D) The value of the iPad,as determined by Bill,would decrease.
E) The hassle for purchasing the iPad would be low.

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