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Question text:

Some Additional Questions


Suppose you have a car that is worth $10,000 and is no longer covered by warranty. You find out that it has a design flaw that in 1 out of 10 cases will cause an engine problem, which will cost $3,000 to fix. You have the choice to do a repair that will fix the flaw and avoid the risk of the $3,000 engine damage. What is the most you would be willing to pay for that repair?
Answer type: Slider
Label: most willing to pay
Empty allowed: One-time warning
Error allowed: Not allowed
Multiple instances: No

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