A traveler's willingness to pay for a room in a hotel in a remote location is $70. the traveler's willingness to pay for a hot breakfast is $10. the traveler views hotel rooms and hot breakfast as complementary products. what is most likely the traveler's willingness to pay for a room in a hotel that includes complimentary hot breakfast?
More than $80 is correct Since the two goods are complementary, the traveler's WTP for a bundle of the two should be higher than the sum of WTP for the two individual products.
