n markets buyers and sellers transact to exchange goods. Buyers want to buy at a price as low as possible while sellers want to sell at a price as high as possible. Buyers' value for a RobotDog represents their maximum willing to pay. They do not want to pay anything more. Sellers' cost represent the minimum amount they are willing to accept to sell a RobotDog. They do not want to sell at any lower price. Buyers' consumer surplus (payoff) equals the value they place on the dog (their maximum willingness to pay) minus the price they negotiated minus the personal cost of the nuisance of their robotdog barking. Sellers' producer surplus (payoff) equal to the price they negotiated minus their cost (the minimum amount they will accepted to sell) minus their own personal cost of the nuisance from their robotdog barking.

Whenever a RobotDog is transacted in the market there is a nuisance cost to the community of $2.40. If there are 12 community members, and each shares this cost equally, what is the cost to each community member from a single RobotDog transaction? (in dollars)