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can someone help me with this question please The following table displays the reservation values of eight buyers and eight sellers, who each want to
can someone help me with this question please
The following table displays the reservation values of eight buyers and eight sellers, who each want to buy or sell a calcuiator. You are in charge of deciding which buyer trades (or not) with which seller at what price as you see fit. You could prescribe different prices to each pair of a buyer and a seller. Refer to the table above. Suppose you decided that Buyer 1 and Seller 1 trade at the price that is exactly halfway between the reservation values. Also Buyer 2 and Seller 2, Buyer 3 and Seller 3 , Buyer 4 and Seller 4 and Buyer 5 and Seller 5 do the same The outcome will be Buyer has the largest net benefit of has the smallest net ben of efficient: 1; \$18; 5;$0 inefficient; 1:$12;5:$12 efficient; 1;$9;5;$0 efficient; 1;$18;5:$12 Step by Step Solution
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