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Look at the above table and the below table together. What is the total surplus if Bob buys a unit from Carlos? If Barb buys a unit from Courtney? If Bob buys a unit from Chad? If you match up pairs of buyers and sellers so as to maximize the total surplus of all transactions, what is the largest total surplus that can be achieved?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M948364

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