|
Title: Suppose a market has only one seller and only one buyer of a good. The buyer has a reservation value ... Post by: AndrewKraus on May 22, 2017 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 at $20. If they trade, the social surplus will be ________.
A) $10 B) $20 C) $40 D) $60 Title: Re: Suppose a market has only one seller and only one buyer of a good. The buyer has a reservation ... Post by: lostein on May 22, 2017 Content hidden
Title: Re: Suppose a market has only one seller and only one buyer of a good. The buyer has a reservation value ... Post by: AndrewKraus on Jun 24, 2017 I'll share this with my friends, thank you for being there
|