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Suppose that the price of a concert ticket is $300. Manu values the ticket at $400. It costs $200 for the seller to provide the
Suppose that the price of a concert ticket is $300. Manu values the ticket at $400. It costs $200 for the seller to provide the ticket. What is the value of total surplus if Manu buys the concert ticket? a. $200 b. $300 c. $400 d. $100 e. $500
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Economics
Authors: Stephen Slavin
11th Edition
978-0078021800, 0078021804
