Sam bought 1 of 250 tickets selling for $2 in a game with a grand prize of $400. Was $2 a fair price to pay for a ticket to play this game.
2 answers
No, because if there are 250 tickets selling for $2 each, the grand prize should be $500. to be fair
Is it not fair for the organization selling the tickets to realize a profit? How is "fair" being defined?
2 answers