We have talked about how trade creates value. Use The cars owner, Jason, needed to sell the

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• We have talked about how trade creates value. Use The car’s owner, Jason, needed to sell the car the information in each example below to compute . right away and would have accepted 6,000. the total value created in each exchange: The price they agreed on was $7,500.

a. Patrick bought an orange pen from Jill for $2.00.

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Principles Of Macroeconomics

ISBN: 9781324034001

4th Edition

Authors: Dirk Mateer, Lee Coppock

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