Samsung sells its 16in monitors to Apple for £85 per screen. Its estimated cost is £49 and Apple is willing to pay up to

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answerhappygod
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Samsung sells its 16in monitors to Apple for £85 per screen. Its estimated cost is £49 and Apple is willing to pay up to

Post by answerhappygod »

Samsung sells its 16in monitors to Apple for £85 per screen. Itsestimated cost is £49 and Apple is willing to pay up to £99. Thevalue creation (VC) and consumer surplus (CS) in this case areequal to
a. VC=£50 , CS=£14.
b. Impossible to say.
c. VC=£36 , CS=£14.
d. VC=£99 , CS=£36.
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