You have two choices for how you are going to spend saturday evening. You can go to the pub with your friends, which will cost you £30 for the evening. The pleasure you anticipate from this experience is worth £50 to you. Or you can go to the theatre. The ticket will cost you £50, but you value the experience at £60. Based on this information, which of the following statements is correct?.
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You have two choices for how you are going to spend saturday evening. You can go to the pub with you...
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