If I sell you an item I would be willing to part with for $50 and you

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If I sell you an item I would be willing to part with for $50 and you would be willing to pay as much as $100 for, why do economists say both parties to the exchange gain, whether the price paid is $51 or $99?

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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