Hello everyone. I’m kinda new to Qualtrics and I’m setting a survey and a contingent valuation.
Basically, firstly respondents will state their average spending on a bottle of wine. After that, respondents will be shown their average spending as WTP for a bottle of a different wine (dichotomous question). Then, I would like to ask respondents if they are willing to pay a +20% for the same bottle but I would like to show them directly their WTP increased by a 20%.
Could you guys help me out on how to do it?