Problem
Person A buys one unit of a good when its price is 10 pence and two units when its price is 5 pence. Would that person be willing to pay 13 pence for two units of the good, rather than forgo it in its entirety? What is the most that person A would pay for two units of the good, rather than forgo consuming it altogether?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.