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24 March, 18:00

A traveler's willingness to pay for a room in a hotel in a remote location is $70. the traveler's willingness to pay for a hot breakfast is $10. the traveler views hotel rooms and hot breakfast as complementary products. what is most likely the traveler's willingness to pay for a room in a hotel that includes complimentary hot breakfast?

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  1. R
    24 March, 18:23
    0
    More than $80

    is correct

    Since the two goods are complementary, the traveler's WTP for a bundle of the two should be higher than the sum of WTP for the two individual products.

    (Don't forget to make me brainliest) XD
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