Olaf would be willing to pay $35 to attend a dog show,but he buys a ticket for $20.Olaf values the dog show at

Name: Olaf would be willing to pay $35 to attend a dog show,but he buys a ticket for $20.Olaf values the dog show at
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Olaf is willing to pay $35 to attend the dog show, but he only paid $20, which means he values the dog show at least $20. Therefore, the best choice is C, which is the value Olaf placed on attending the dog show.

Olaf Would Be Willing to Pay $35 to Attend a Dog