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Question 1: A buyer values a house at $525,000 and a seller values the same house at $485,000. If sales tax is 8% and is

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Question 1: A buyer values a house at $525,000 and a seller values the same house at $485,000. If sales tax is 8% and is levied on the buyer, then, what would be the highest price that the buyer would be willing to pay? Select one: a. $525,000 b. $523,800 c. $485,000 d. $486,111 Correct

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