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What does WTP stand for in economics?
Willingness To Pay, commonly studied alongside WTA (Willingness to Accept)
Melissa buys an iPod for 100 and gets consumer surplus of 80 what is her willingness to pay?
As she has bought the item her willingness to pay is 100%
What does ''willingness'' mean?
It means cheerful compliance
Melissa buys an ipod for 120 and gets consumer surplus of 80 what is her willingness to pay?
Her willingness to pay for the ipod would be $200. ($120 + $80)
The general willingness of firms to produce and sell a product at various prices is?
The general willingness of firms to produce and sell a product at various prices is known as supply.
What are the requirements for joining karate?
There typically aren't any requirements other than a willingness to learn and to follow instructions.
Is willingness a noun?
willingness is a noun
What is the sentence using the word willingness?
Your willingness to take responsibility is admirable. We are thankful for his willingness to help.
How do you use the word willingness in sentence?
how do you use willingness
Is willingness a verb or adjective or both?
Neither. Willingness is a noun.
Can you give sentence with the word willingness in?
I can't believe his willingness to work.
How do you put willingness into a sentence?
His WILLINGNESS to run got him on the track team.
What does willingness to serve mean?
Willingness to serve means that you are willing to serve
Can you write a sentence using the word willingness?
I don't have much willingness to answer this question.
How can you put willingness in a sentence?
His willingness to please made it very easy to take his money
How can you show willingness to cooperate with others?
you can willingness by being more cooperative or sharing more
Has obama shown willingness to let staff express dissagreement?
yes he has shown much willingness
