5. If the price paid is $40 and the consumers surplus is $4, then what is the...

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5. If the price paid is $40 and the consumers’ surplus is $4, then what is the maximum buying price?

If the minimum selling price is $30 and producers’ surplus is $4, then what is the price received by the seller?

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Economics

ISBN: 9780324595420

9th Edition

Authors: Roger A. Arnold

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