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A transaction will happen if and only if the price is between: The buyer's outside option and the seller's outside option The buyer's value and
A transaction will happen if and only if the price is between:
The buyer's outside option and the seller's outside option
The buyer's value and the seller's outside option
The buyer's value and the seller's cost of production
The buyer's value and the buyer's outside option
The buyer's outside option and the seller's cost of production
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