How much do you value the dave matthews ticket

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Yesterday you were unexpectedly given a free ticket to a Dave Matthews concert scheduled for tomorrow night. You've known about this concert for weeks, and the market price of this ticket is $75, but you also know that the most you can sell the free ticket for is $50. Today you discover that Ani DiFranco will be giving a concert tomorrow evening as well. Tickets for the Ani DiFranco concert are available for $75. Had you known before receiving your Dave Matthews ticket yesterday that Ani DiFranco would be coming, you definitely would have bought a ticket to see her.

How much do you value the DiFranco ticket? How much do you value the Dave Matthews ticket?

Reference no: EM132482488

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