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ma2poe09h_ch07.20m Suppose that the price of a new bicycle is $300 . Sue values a new bicycle at $400 . It costs $200 for the

ma2poe09h_ch07.20m Suppose that the price of a new bicycle is $300 . Sue values a new bicycle at $400 . It costs $200 for the seller to produce the new bicycle. What is the value of total surplus if S

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