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Consider a Toyota with 280 horsepower, leather interior, no sunroof and a price of $23,000....

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Accounting

Consider a Toyota with 280 horsepower, leather interior, no sunroof and a price of $23,000. Now assume that the manufacturer is offering the car with sunroof. What is the price that consumers would be willing to pay for this car? State clearly your computations and your assumptions.

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