IMC301c_-_FA_2024_-_RE_3169.webp

Kizspy | Question: 15
(Choose 1 answer)
If a respondent's estimated part-worth for a $100 price point is 50, and for a $500 price point it is 10, what is the exchange rate between utility and price in this example?
A. 20
B. 10
C. 5
D. 25