The COVID-19 pandemic has triggered one of the worst jobs crises since the Great Depression. Peter lost his job and deci
Posted: Wed Jul 06, 2022 5:59 am
The COVID-19 pandemic has triggered one of the worst jobs crisessince the Great Depression. Peter lost his job and decides to sellhis used car. The minimum amount he needs to be paid for the car isR50 000. He advertises the car on GUMTREE for R80 000, andeventually sells the car for R60 000. His producer surplus is equalto