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- Willingness to pay (WTP) is the maximum price at or below which a consumer will definitely buy one unit of a product. This corresponds to the standard economic view of a consumer reservation price. Some researchers, however, conceptualize WTP as a range. According to the constructive preference view, consumer willingness to pay is a context-sensitive construct; that is, a consumer's WTP for a product depends on the concrete decision context. For example, consumers tend to be willing to pay more for a soft drink in a luxury hotel resort in comparison to a beach bar or a local retail store.
We couldn't find any anagrams for the word willingness to pay.
Maybe you were looking for one of these terms?
willing, willinghearted, willinghood, willingly, willingness, williwaw, willmaker, willmaking, willness, willock
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"willingness to pay." Anagrams.net. STANDS4 LLC, 2024. Web. 28 Mar. 2024. <https://www.anagrams.net/willingness%20to%20pay>.
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