Your willingness-to-pay for year worth of programming

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Reference no: EM131110264

Suppose you enjoy watching television on PBS, a broadcast station which you can receive on your TV with your antenna. In fact, your willingness-to-pay for a year’s worth of programming on PBS is $80. PBS is currently in a fundraising campaign to get those who watch the station to contribute to help fund next year’s programming. They are asking for a $50 contribution. If you want to maximize your consumer surplus, do you make the contribution or not?

a. Make contribution

b. Do not make contribution

Reference no: EM131110264

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Your willingness-to-pay for year worth of programming : Suppose you enjoy watching television on PBS, a broadcast station which you can receive on your TV with your antenna. In fact, your willingness-to-pay for a year’s worth of programming on PBS is $80. PBS is currently in a fundraising campaign to get ..

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