Mathematics, 06.11.2019 02:31 justalittle
Suppose a market has only one seller and only one buyer of a good. the buyer has a reservation value of $25 and the seller has a reservation value of $15. the market price of the good is determined to be $20. if they trade, the social surplus will be
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Suppose a market has only one seller and only one buyer of a good. the buyer has a reservation value...
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