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John is looking to sell his car and Mary is looking to buy it. John values the car at $2000 and Mary values it at $3000.
Posted: Sun May 29, 2022 7:07 pm
by answerhappygod
- John Is Looking To Sell His Car And Mary Is Looking To Buy It John Values The Car At 2000 And Mary Values It At 3000 1 (34.4 KiB) Viewed 15 times
John is looking to sell his car and Mary is looking to buy it. John values the car at $2000 and Mary values it at $3000. John offers to sell it to Mary at a price of $3500. Which of the following is true: O Mary will accept the offer and the total surplus will be $1000 Mary will not accept the offer and the total surplus yill be 0. O Mary will accept the offer but the total surplus will be less than $1000 O Mary will not accept the offer and the total surplus will be $1000. O None of the above