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Homey Spaces sells household items. The company is willing to sell a particular floor lamp for as little as $50. Its main competitor is Southern
Homey Spaces sells household items. The company is willing to sell a particular floor lamp for as little as $50. Its main competitor is Southern Home, which is willing to sell the floor lamp for as little as $30. The current market price of that type of floor lamp is $70. What is the total producer surplus for the two firms
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