Sypse thaet wnkel dses his audty in the orm basement. The following table shows

Question

Sypse thaet wnkel dses his audty in the orm basement. The following table shows Daniel's willigness pay rewh ad of laundty cduring a month Willingness to pay $250 $1.00 $0.50- 4th Sth une can ither wash as many kads of laundry as as he wants for $1 oad or he can purchase an "all you can wash" plan hak lkws i to wash as mainy kuws as he wanks at a fixed price without paying anything for each additional load. What is the maxiwwmw.wnt that Daniel would be willing to pay for the "all you can wash" plan instead of paying by the load? ) si00 C S5.50 D) $9.00

Explanation / Answer

Ans: $9.00

Explanation:

Daniel is willing to pay for "all you can wash" = $5.00 + $2.50 + $1.00 + $0.50 + $0.0 = $9.00

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