Ted got a ticket to this year's Super Bowl and paid the face value of $1,000.His cousin offered him $3,000 for the ticket.Ted chose to attend the game.From this, we can infer that Ted's value for this ticket was

Question

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Ted's decision to attend the game instead of selling the ticket for $3,000 suggests that he values the experience of attending the game at least as much as the $3,000 he was offered.

Ted Got a Ticket to This Year's Super Bowl and Paid