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List the marginal benefit and marginal costs

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Reference no: EM131861636

Aamir is willing to pay 400 AED to see a concert that lasts two hours. The price of a ticket to the concert is 60 AED, and the value of Aamir's time is 35 AED per hour. After Aamir purchases the ticket, Hajar offers to buy his ticket for 280 AED. WIll Aamir, a rational decision maker, sell his ticket to hajar? Explain your reasoning. List the marginal benefit and marginal costs as well.

Reference no: EM131861636

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